Is Solar Power for You?

If you plan to investigate whether your property would be well served by solar panels, make sure a chat with your insurance agent is part of your legwork.

Longer days means more opportunities to soak in sweet vitamin D, and, for a growing number of Americans, to enjoy potentially lower electric bills.

Solar power installations have grown in recent years. In December, the Solar Energy Industries Association reported that solar energy capacity in the U.S. had grown to 35.8 gigawatts, from just 1.2 gigawatts in 2008.

If you plan to investigate whether your property would be well served by solar panels, make sure a chat with your insurance agent is part of your legwork.

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Homeowners insurance generally protects solar panels from certain risks, such as fire damage, but you’ll want to know for sure before making the significant investment often needed for a solar installation.

Ask whether it matters if panels are mounted in your yard or on your roof, and whether you need to adjust your coverage limits to protect the new equipment.

AAA.com/Insurance

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