Photovoltaic insurance for the property: Finanztest compares 80 offers - only 33 meet minimum criteria. Integrate protection into homeowners insurance.

Photovoltaic insurance for the property: Finanztest compares 80 offers - only 33 meet minimum criteria. Integrate protection into homeowners insurance.

According to a report by www.ksta.de, the magazine “Finanztest” compared various options for insuring a photovoltaic system and found that only 33 of 80 offers met the minimum criteria. It is recommended to integrate the protection of a PV system into your home insurance to make things easier if the system and the house are damaged. An additional module for systems with seven kilowatts of peak output and a purchase price of 20,000 euros is available from 35 euros to 120 euros per year.

There are also separate photovoltaic insurance policies that may provide more comprehensive protection - for example against risks such as theft, animal bites, operating and construction errors. The price range here is between 65 euros (Dema) and 107 euros (Inter).

It is important to note that some insurance companies only cover if the system has been installed by a specialist company. Do-it-yourself installations often do not offer any protection. In addition to the criteria already mentioned, attention should also be paid to protection against lightning strikes, implosion, explosion, tap water, loss of income and insurance cases caused by gross negligence.

The purchase of a photovoltaic system should be reported to the residential building insurer regardless of insurance, as it increases the value of the house. This can lead to underinsurance if only a part is replaced in the event of damage. Therefore, a possibly higher insurance premium should be accepted.

Based on this information, it can be noted that the insurance costs can vary depending on the provider, performance and purchase price of the photovoltaic system. In addition, demand for insurance for photovoltaic systems is expected to increase given the increasing interest in renewable energy. This could lead to strong competition among insurance providers to provide attractive offers.