Will homeowners insurance cover solar panels?

Yes, your solar panels are likely to be covered by your home insurance. As long as your solar panels are connected to your home, they will be covered under the housing portion of your homeowner's policy. However, you will only receive coverage if your panels are damaged by a covered hazard. Does homeowners insurance cover solar panels? Yes, most insurers cover solar panels as long as the cause of the damage is covered by your policy.

That means if they're damaged by wind, fire, lightning, hail, or falling trees, you'll likely have coverage for solar panel repairs or a new system. Keep in mind that before you receive a payment, you'll first need to pay your policy deductible. This is the out-of-pocket amount you are responsible for paying before your insurance goes into effect to cover the rest. Solar panels are covered for the same events that can affect the rest of your home.

So, if your panels are damaged by wind, hail, fire, or lightning, or even if they are stolen, you can make a claim, Bill says. That also means that any policy deductible that is standard will apply to any loss involving your panels. As permanent accessories to your roof, solar panels are considered part of the house. They are covered by property insurance against hazards such as wind, hail, lightning, vandalism, broken tree branches, fires, etc.

Assuming you are the owner of the solar panels. If you lease panels to a solar company, it's up to the company to properly secure the solar panels. Qualified solar installers often offer a labor guarantee that will cover you in the unlikely event of damage to your roof or solar panels as a result of the installation process. That means that, in many cases, covering your solar panels with your home insurance won't create the need for a special supplement (or “add-on”), it won't change your plan or increase your premiums.

Fortunately, solar panels are covered by your homeowners insurance policy, so you won't have to worry about paying for a new system completely out of pocket. If solar panels are mounted on the ground or connected to a structure that is separate from your home, they are likely to be covered by the other structures part of your homeowners insurance. This means that the insurer will pay whatever is necessary, up to the full value of the policy, to repair or replace solar panels if they are damaged due to a covered claim. A typical homeowners insurance policy covers solar panels against most hazards, but the level of coverage depends in part on the location of the panels.

While rooftop solar is generally covered by a standard policy, your insurer may or may not cover other types of installations, such as ground-mounted solar panels and solar panel carports. Solar panels that are not connected to your home, such as ground-mounted panels, may be covered by your homeowners insurance policy under the coverage of other structures. Once a solar panel system is installed on the roof of your home, it is considered part of your home under most homeowners insurance plans. If you lease your solar panels, you may not need to insure them yourself, as some leasing companies have their own insurance for the panels.

If you have solar panels on the roof of your house or an attached garage, for example, they would be covered by the main housing portion of your policy. Whether you buy or rent your panels, you should always tell your insurance company that you have installed solar panels in your home. Solar panels will lower your electricity bills by generating electricity on site for 25 years or more. While your solar panels are likely to be covered by your standard homeowners insurance policy, you may want to talk to your insurer to increase your coverage limit.


Otis Jolina
Otis Jolina

Amateur twitter trailblazer. Proud pop culture junkie. Passionate coffee practitioner. Lifelong food guru. Wannabe pop culture maven. Beer maven.

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