Solar Generator Insurance

Is it necessary to insure solar panels?

Insuring your solar panels as part of your property insurance is important. Do I need solar panels insurance? If you need additional assistance arranging your insurance, find out how Towergate's teams can support you.

What is solar panel insurance?

Solar panel insurance helps cover your solar panel system from a broad spectrum of risks and occurrences. It shields you from the financial losses that can occur when unforeseen events affect your solar panel system by covering replacement costs or repairs.

How much does solar panel home insurance cost?

The annual cost of solar panel home insurance ranges from £118 to £152, which seems reasonable compared to the potential risks. Once you decide to install solar panels, inform your home insurer. Solar panels contribute to rebuilding your home's value, so it's important to list them in the insurance coverage.

Does solar panel insurance cover a power outage?

Loss of income due to power generation outage: In the event of a power generation outage caused by covered perils, solar panel insurance may provide coverage for the loss of income. This aspect is particularly important for businesses and homeowners relying on solar energy for daily operations.

What insurance options are available for solar panels?

Specialised insurance options also exist for the installation phase, protecting against financial losses due to accidents or damage during installation. These options include Public Liability Insurance, Personal Accident Insurance, and more. Solar panel insurance comes in various forms, tailored to different needs and installations:

Does solar energy insurance cover natural disasters?

Damage from natural disasters: Renewable energy insurance commonly covers damage caused by natural disasters, including fire, hail, lightning, and storms. These events can pose a significant threat to the functionality of solar panels, and insurance helps mitigate the financial impact of such damages.