One common concern homeowners have is, “Will installing solar panels affect my insurance?” The short answer is yes—but typically in a positive way. Here’s what you need to know about solar energy and homeowners insurance.

1. Are Solar Panels Covered by Insurance?

Most standard homeowners insurance policies cover solar panels as part of your home’s structure. This means they are protected against risks like fire, hail, and wind damage, just like your roof.

2. Will My Premiums Go Up?

Adding solar panels may slightly increase your coverage needs, which could raise your premiums. However, the increase is usually minimal, and the long-term energy savings often outweigh the added cost.

3. Roof-Mounted vs. Ground-Mounted Systems

  • Roof-Mounted Panels: Typically covered under your home’s dwelling insurance.
  • Ground-Mounted Panels: May require additional coverage as they are not physically attached to your home.

4. Do I Need to Inform My Insurance Provider?

Yes! Always inform your insurance company when you install solar panels. They’ll update your policy to ensure your system is adequately covered.

5. What About Battery Systems?

If you install a solar battery, it’s essential to confirm with your insurer whether it’s covered under your policy. Some may require additional riders for energy storage systems.

Solar panels are a valuable investment, and homeowners insurance typically protects that investment. By reviewing your policy and communicating with your provider, you can enjoy the benefits of solar with peace of mind.

Have questions about solar and homeowners insurance? Contact CJ Yamada at Solar In One for expert guidance!