Insuring a solar installation: protect your green investment!

With the growing energy transition and soaring electricity prices, more and more homes and businesses are turning to solar energy. However, investing in solar panels, whether installed on a roof or as mobile solar stations (plug & play), carries risks. It is therefore important to consider suitable insurance solutions to protect your investment.

Risks of Solar Installations

Solar installations, while economical and environmentally friendly, are not immune to risks. The main ones include:

1. Short Circuit and Fire : Solar installations can cause short circuits, which can lead to fires. These risks are due to manufacturing defects, improper installation, or poor maintenance. In summer, solar panels installed on roofs also emit high heat, ranging from 50 to 80°C, which increases the temperature in the attic and facilitates the ignition of the roof. Physical Damage
2. : Solar panels can suffer physical damage due to extreme weather conditions, such as storms, hail, or falling objects. Loss of Production
3. : In the event of damage or malfunction, energy production can be interrupted, resulting in a loss of income, particularly for those who resell their surplus energy. Theft
4. : With the increasing value of photovoltaic materials, the theft of solar panels is becoming a concern. It is therefore important to take out home insurance that includes this solar installation to prevent these unpleasant surprises.

Rooftop Solar Installation Insurance Rooftop solar systems are often considered extensions of the property on which they are installed. They are therefore real estate. Most home insurance policies can be extended to include solar panels as an integral part of the home. In this case, they can cover obsolescence in the same way as other equipment. Rooftop Solar Installation

However, it is crucial to check that your policy specifically covers the risks mentioned above. Some insurance companies offer specific guarantees for solar installations, covering not only physical damage but also loss of energy production, which is not insignificant.

Insurance for Mobile Solar Stations (Plug & Play)

Since these devices are still relatively new, it's important to discuss them with your insurer, carefully explaining what type of equipment you're dealing with. Generally, items outside the home are not insured: garden furniture, spas, barbecues, and therefore solar stations. You must either opt for a “++” plan that includes garden furniture, or sometimes pay for an additional option to take this into account. It's important to be well informed, especially since the additional cost of the option with some insurers sometimes cancels out the savings made on your electricity bill. :/

Conclusion

Investing in solar energy is a commendable approach for the environment and can be economically advantageous. However, it's essential to protect this investment against potential risks. Choosing the right insurance, whether for a rooftop installation or a mobile solar station, ensures the long-term viability of your green investment. So don't forget to consult your insurer to tailor your policy to your specific needs and ensure optimal coverage.