Before You Add Solar Panels, Consider Your Home Insurance Policy

The cost of solar power is significantly lower than it has been. Adding solar can reduce your energy costs. It can also help the planet. Yet, this is a significant investment in your home. It can also make your home more valuable. How can that influence your insurance costs? 

If you plan to invest in solar panels, contact your home insurance agent. He or she may want to help you protect your new investment. 

Adding Solar Adds Value to Your Home 
The biggest reason to contact your home insurance agent has to do with value. The investment in solar panels will add value to your home. How much value depends on the system.  

You will also be making changes to the roofing structure. And, there is now the need to protect new equipment. Your home insurance policy needs to reflect this. If it does not, damage to your panels could be costly to repair. But, if you let your agent know, you may have financial protection available to you. 

What Steps to Take 
Solar panels are a fantastic addition to many homes. Even in colder climates, they are more accessible than ever. The cost of solar panel systems is dropping as well. Some electricity providers are now offering homeowners discounts to install them. And, there are many types of products available. This includes solar panels, solar roof tiles, and on-ground systems. Here’s what you need to do. 

It does not have to take long to gather this information. As soon as you do, you will find it can be very affordable to add this system to your policy. Your home insurance agent is sure to meet with you to discuss any concerns you may have.