Advantages & Disadvantages of Insuring Solar Panels

Por's and Con's of Insuring Solar Panles in San Diego, CA

Installing solar panels in your home can be a significant investment, which means it’s likely you’ve been wondering whether or not you should get yours insured. The insurance experts at American Tri-Star in Chula Vista are here to guide you through some of the advantages and disadvantages of insuring solar panels.


Newly installed or existing solar panels may benefit from homeowners insurance coverage. Natural disasters such as rain, wind, hail, fire, and lightning can threaten the lifespan of solar panels, but Chula Vista homeowners insurance may cover the damages and possibly a replacement. Insurance may also cover solar panel installation in case of an accident such as a hole in the roof.

Installing solar panels typically increases a home’s value because solar panels are energy savers. In real estate, the solar panel investment increases the resale value of the home. It’s likely the home will sell at a higher price because the solar panels are a great investment.


The way solar panels are installed may affect whether or not they are covered. Most solar panels attach to roofs, and coverage for those panels is likely. However, solar panels installed in the ground are a different story. Ask your insurance agent about coverage for ground-mounted solar panels. If possible, ask prior to installation.

Additional Considerations

New home insurance customers must understand how vital it is for homeowners to know additional information about their installed solar panels. You should know the installation location, the number of panels installed, the contractor or agency that installed them, and the name of the solar panel system. The quotes you’ll get for insurance will likely be inaccurate without this information. The same applies for homeowners who need separate coverage for solar panels.

Solar panel installation changes the coverage in a home insurance policy. See if you can change your policy to include solar coverage, and chat with the insurance agent to decide your best coverage option. Additionally, you may want to consider adjusting your deductible rates and determining your financial responsibility should a covered event damage your solar panels.

If you’re thinking about installing solar panels or making another major modification to your home, make sure you’re adequately covered. Contact Tri-Star Insurance to see what your options are. In addition to homeowners insurance, we also offer affordable commercial, auto, motorcycle, and RV insurance Chula Vista residents will appreciate. Give one of our friendly agents a call today at 619-827-0522 for a complimentary quote.