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What You Should Know About Solar Panels and Homeowners Insurance

Does Homeowners Insurance Cover Solar Panels? 

Solar panels are a great way of harnessing the power of the California sun, and more and more homeowners and choosing to install them. But switching to solar power is an expensive investment and one that can cost homeowners anywhere between $15,000 and $30,000. Being able to insure that investment against damage from a storm or other disaster could be key in whether or not to choose to add solar panels to your property.

Whether or not solar panels are covered by your home insurance policy will depend on your individual policy. Many will include them as part of your regular home coverage, but don’t assume that this is the case with every provider. Most solar energy systems, including the panels on the roof, are considered a permanent attachment to the property. Therefore, they can be protected by a home insurance policy.

However, you may need to review your coverage anyway. You may decide to increase the amount of coverage on your home to account for the cost of the system which can then raise your premium. Certain solar systems may require an add-on or separate policy. Whether or not these different types of systems are covered depends on your policy type. Be sure to talk to your provider for more information on how you can protect this investment.

Ask your insurer for more information about solar panel protection. When you’re ready to secure a quality homeowners insurance policy, talk to the friendly experts at Jack Stone Insurance Agency. We serve Antioch, Brentwood, and surrounding cities in California. Contact us today to get started!

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