Are solar panels covered by home insurance?

For many homeowners, solar panels represent an investment to a greener future. But are these renewable energy sources protected by standard home insurance? Here’s an insightful exploration for UK homeowners for those wanting to make the leap into sustainable living with solar panel installation.

Understanding solar panels as an asset

Not just an energy solution, but a home enhancement

Solar panels, while primarily installed to generate clean energy, also add value to your home.

They:

• Reduce energy bills over time
• Increase the resale value of the property
• Showcase your commitment to a sustainable future

Considering these benefits, it’s no wonder UK homeowners want to ensure that this significant investment is adequately protected.

Are solar panels covered by standard home insurance policies?

The basics

For most UK-based home insurance policies, solar panels are indeed covered, falling under the category of home improvements or additions.

However, it’s crucial to:

• Inform your insurance provider about the installation
• Double-check whether your coverage limit has adequately increased to include the value of the panels

Potential exclusions

• While solar panels might be covered, some policies might exclude:
• Damage due to wear and tear
• Issues arising from faulty installation
• Damage caused by ‘acts of god’/natural disasters, terrorism and war

Key considerations for insuring solar panels

Ownership and leasing models

How you finance or own your solar panels can impact your insurance:

• Owned panels: Typically, these are covered as part of the building’s insurance
• Leased panels: If you’re leasing the panels or have a Power Purchase Agreement (PPA), the leasing company might require you to show proof of insurance coverage

Additional coverages to consider

To ensure comprehensive protection, homeowners might want to consider:

• Equipment breakdown coverage: For mechanical or electrical failures
• Increased limits: To cover the full replacement cost, especially for premium panels

Seek professional guidance

Given the nuances in coverage, always:

• Consult with your insurance provider for specifics
• Regularly review your policy, especially after home upgrades

Kembla: your trusted partner in solar solutions

Why choose Kembla for your solar panel journey?

• Experience: As a family-owned business, we’ve been delivering renewable expertise across the UK with passion
• Comprehensive service: From consultation to installation, we’re there every step of the way
• Mission-driven: Our primary goal is to reduce your carbon footprint, ensuring a pain-free experience

Confused about solar energy installs? Click to download solar energy FAQs

As the world shifts towards more sustainable energy solutions, ensuring that these investments are safeguarded is paramount. By staying informed and choosing the right insurance coverage, you can relish the benefits of solar energy without stress. Ready to embrace solar? Let Kembla guide you! Contact us today for a comprehensive solar panel solution.

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