How to properly insure modern solar and air conditioning technology - tips from financial experts

How to properly insure modern solar and air conditioning technology - tips from financial experts

According to a report from www.mdr.de,
Modern solar and air conditioning technology is increasingly becoming the focus of criminals. This means that the police and insurers have to adapt to this development. Thefts using this technology can result in damages amounting to several thousand euros. Consumers should therefore insure their technology accordingly. It is particularly important for heat pumps or photovoltaic systems to check insurance coverage and adjust it if necessary.

Since heat pumps are not automatically covered by household contents insurance, they usually have to be insured as part of a building through homeowners insurance. The location of the technology is crucial. If the technology is permanently installed, it is considered part of the building and can be insured through building insurance. There are large differences in performance between providers, so it is advisable to compare the insurance conditions carefully.

The insurance experts at the Thuringia Consumer Center recommend always checking your insurance when making structural changes to the house. Especially with older insurance contracts, it is likely that modern technologies such as photovoltaic or heat pump systems are no longer covered by the insurance.

Furthermore, the General Association of the German Insurance Industry points out that modern technology can increase the value of residential buildings. This can also have an impact on the premiums. It is advisable to contact the insurer at an early stage to ensure the right insurance cover.

Thefts of heat pumps and photovoltaic systems are common and require a lot of criminal energy. Consumers should therefore protect their technology against natural damage and theft. Special construction performance insurance can also be advisable to protect the technology during construction.

The police also recommend coding and registering solar panels to prevent theft. Secure security labels and special security screws provide additional protection. Overall, it is important for consumers to insure their technology properly and to actively find out about the details of insurance coverage in order to be protected in the event of damage.