I wouldn't put a crowbar on there. The fault currents available from large capacitors (film or electrolytic, as they happen to be) plus the mains (if we're talking industrial 480 here) is ridiculous. You'll spend as much on the crowbar as the inverter.
Parts are dying either way. Replacing a fuse plus SCR plus IGBTs isn't any better than replacing just the fuse and IGBTs.
Better to prevent failure from happening in the first place. Monitor operating conditions, use redundant power stages or switches (series connected..?) if necessary, respond to faults quickly.
That's good enough for industry. Heh. Well, maybe I shouldn't reference industry here, the old designs I saw were discrete logic and no inverter protection whatsoever...
You may find it more interesting to look up what they do for managing power on board the ISS. It's a public project, freely accessible (if a bit hard to find your way into the design resources). Many kW of solar power, distributed safely through vacuum as well as interior spaces.
Tim