Investing in solar panels is one of the smartest investments homeowners and businesses can make. Not only can you lower your energy bills and lower your carbon footprint, solar panels can also increase your property value by up to 14%. Protecting your investment with solar panel insurance is just as important as installing the panels themselves.
This guide will explore everything you need to know about solar panel insurance, and tips for keeping your solar energy system safe while showing why installing solar panels with SolarTherm UK is a smart choice.
What is Solar Panel Insurance?
Solar panel insurance protects your investment from unforeseen events such as storm damage, theft or equipment malfunction. While many UK home insurance policies offer some coverage for solar panels, standalone solar panel insurance provides more comprehensive and specialised protection. Solar panel insurance covers you for damage from natural disasters, covering storm, lightning, hail and fire damage. It usually includes theft protection, replacing stolen panels and equipment and has loss of income cover for homeowners and businesses relying on solar energy generation. Some solar panels include liabilities coverage, protecting against injuries or property damage caused by your solar panels.
Why Solar Panel Insurance is Essential
Solar panels are durable but not invincible, from sports balls hitting your roof to severe weather events, risks are unpredictable and can be costly to repair. A solar panel insurance plan ensures you won’t face high replacement or repair costs.
Consider this as an example, you have installed a £12,000 solar installation, bad weather has damaged one of your panels, affecting your whole array of solar panels. You need to get it repaired but repair costs include the cost of scaffold, a new panel and certification sign off. The costs of this repair could run into thousands, but solar panel insurance will help cover the costs, meaning repairs have a minimal financial impact.
What Solar Panel Insurance Doesn’t Cover
Solar panel insurance does have its limits. Common exclusions usually include normal wear and tear, manufacturing defects and damage from improper installation. Solar panel insurance usually doesn’t cover your solar inverter, always check the small print to see if this is included or not.
Solar Panel Warranties vs Insurance
Most solar panels come with a minimum 25 year warranty, at SolarTherm UK we install Bovill.tech 410W all black solar panels which come with a 99-year manufacturer warranty. Solar panel warranties cover equipment faults and performance guarantees, however warranties don’t protect against theft or natural disasters. Solar panel insurance fills the gap, providing true peace of mind.
Choosing the Right Solar Panel Insurance Policy
When selecting solar panel insurance, consider the coverage limits to ensure that they match the value of your solar panels. Check the policy details to make sure it is covering what you need it to cover, does it cover storm damage, theft, liability, accidental damage? Always read customer reviews to check the provider’s reliability and for real life experiences of how they deal with claims or problems. Many homeowners will choose to add solar panels insurance onto their home or buildings insurance.
Why Install Solar Panels with SolarTherm UK
Installing solar panels is a long term investment and protecting them is just as important. That’s why choosing the right installer is a vital step in your solar journey. At SolarTherm UK we have over 15 years of experience in the solar industry, providing thousands of South East homeowners and businesses with high quality, durable solar panel installations that not only save money and lower your carbon footprint, but also give you peace of mind that they system will perform efficiently for decades.
By combining professional installation with robust solar panel insurance, you can enjoy all the benefits of renewable energy, without worrying about any unexpected costs.
Take the Next Step
If you’re ready to save on energy bills, reduce your carbon footprint and secure your energy future, contact SolarTherm UK today for a free no obligation quote and design, tailored to your property, usage and future energy needs. No hard sell, just honest, expert advice.
Your home. Your energy. Your future.
