Does homeowners insurance cover solar panels?

Check your homeowners insurance policy for any exclusions or limitations related to solar panels. If you're unsure about the coverage, contact your insurance agent or company to clarify the specific coverage for your solar panel system. Sometimes, relying solely on homeowners insurance may not provide sufficient coverage.

What is a dedicated solar panel insurance policy?

A dedicated solar panel insurance policy is designed to provide comprehensive coverage for your solar panel system. It often offers more extensive protection than what is provided by homeowners insurance.

Will solar panels affect my insurance coverage?

Yes, the roof penetrations typically used during panel installations can affect coverage from other warranties and insurance coverages, and the addition of solar might affect your insurance premium and coverage.

What types of warranties cover solar panels?

There are two basic types of warranties that cover solar panels. A product warranty protects you from defects in a solar panel stemming from material quality or manufacturing errors. This is also referred to as an equipment or materials warranty

Do solar panels increase homeowners insurance costs?

For those who do see increased homeowners insurance costs after they go solar, payments can go up by as little as $15 a month, or closer to a thousand dollars if they choose to get a separate solar panel coverage policy.

Does insurance cover a solar system?

Insurance protects against unexpected events that damage your system, like storm damage from hail, wind, or lightning, fire, theft, vandalism, or falling trees. Most home insurance policies will cover your solar system, but check with your insurance company before installation.