"PHOTOVOLTAIC CELL" S and YOUR HOME INSURANCE

Home "Solar Energy Cells": How Do They Affect Your Homeowners Insurance?

Going “green” with "home solar  energy" panels doesn’t have to make your insurance skyrocket

By Meha Ahmad, Insuranceagents.com Staff Writer 

If you’re thinking about adding "home solar energy" panels to your home, you should know how those "home solar energy" panels can affect your homeowners insurance. If you are already aware, and are looking for a more affordable rate, start searching for homeowners insurance quotes, by visiting the sponsor sites to the right of this blog.

In these modern times, the "energy billing" and environmental awareness are quickly growing concerns. Many people are trying, even in small ways, to reduce their carbon footprint and their "energy billing" and live an environmentally-friendly lifestyle. For homeowners, customizing the home to be more “green” is also growing. One of the most popular ways to do this is by adding "home solar energy" panels.  

Here are the answers to four of the most frequently asked questions about home solar panels and your homeowners insurance:
 

1. Will home "solar power cells" cause my homeowners insurance premium to skyrocket? 
   Not necessarily. Most insurance companies these days cover "home solar energy" panels. In fact, many carriers may offer a slightly lower rate because environmentally-friendly people are less likely to make an insurance claim (those who are concerned with saving the environment are not likely to be smokers and so are less likely to cause a house fire). Some insurance companies have even been known to offer a 2-3 percent discount for "home solar energy" panels.
   However, some insurance companies will charge an exorbitant fee for the home "solar power cell" panels, arguing that it adds an increased value to the home. Check with your insurance agent and make sure your carrier will insure your "home solar energy" panels and see if you can get a discount or low rate.  
2. What about damage to my roof? 
   Make sure you know what you are doing or find a professional installer to put your home solar panels in place. Professionals with experience in installing "home solar energy" panels know what they’re doing and how to install the "solar power cell" panels without damage. But if you’re still worried, you can always mount your "solar power cell" panels on the ground and eliminate risk to your roofing.  
3. Will the "home solar energy" panels (and insurance costs) pay off in time? 
   Yes! Not only will you be saving a small fortune on "energy billing", electricity costs, but your insurance premium may not raise all that much, especially if you shop for homeowners insurance quotes (check the sponsor list to the right). Also, governments (including the U.S.) around the world are offering incentives and tax breaks to homeowners who invest in "solar pane design" energies. That’s a cash reward to responsible homeowners who install "home solar energy" panels! 
4. How will local climate affect the cost? 
   If your area is prone to severe storms, the insurance for your "home solar energy" panels may be expensive This is because it is much more likely that you will be making insurance claims for your roof and home "solar power cells" panels because of severe weather.
   Be aware of local regulations and rules concerning your "home solar energy" panels (you will probably have to get a permit—DON’T SKIP THIS STEP).  

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