09 Jul 2024
Do Solar Panels Increase Home Insurance?
Installing a solar panel system on your home is an excellent investment for homeowners. Not only can you significantly reduce your monthly energy costs, but you can also increase the market value of your property. However, due to the high cost of installing solar panels and the unique nature of their exposure to the outside environment, homeowners need to consider whether or not to insure them. Insuring solar panels can give you extra security and protect your investment in the event of an unexpected loss. PowerHome will explore in detail whether solar panels add to homeowner's insurance, why they need to be insured, and how to choose the right insurance option.