Insurance Costs for Solar

If you're considering adding solar panels to the roof of your home, you may wonder how that will change your home insurance premiums. This is a new subject for many insurance companies and our experience was that it took several conversations with our insurance broker to get the answers. To save you some time, here's what we learned.

The value of the insurance coverage you need is equal to the value of the solar installation. In our case, we paid $45,000 for our system.

Our home insurance premiums increased by $25 per year. You may also want to know, that this is a cost you can apply against your taxable income from solar power generation.

We hope you find it useful, and we would love to hear your feedback.