photovoltaic systems are not covered by homeowners insurance automatically
Bergisch Gladbach - More and more households produce their own electricity or supplement their existing heating system with a photovoltaic system on the roof. The share of photovoltaic installations grew in German households in recent years by more than 60 percent. What is the environmental aspects of a positive development may, in case of damage occasioned by the risks in property insurance for homeowners angry: Then that is when the insurance does not cover the costly photovoltaic solar panels on the roof.
"Miss many residential buildings insured to obtain information, what protection to the existing policy is an actual and know, therefore, that the energetic masterpieces are not automatically covered," shows the professional practice of Jens Grönke, Expert and Managing Director of Regudat Ltd. "In this context information then only a few homeowners insurance on their buildings to upgrade to the roof, "he added. In a smaller storm damage to the plant can get quickly to the insured a few thousand euro for repair. In addition, the entire building is underinsured, as the new acquisition of a photovoltaic solar renewable energy system increases the overall value of the building significantly. this is not recalculated and confirmations, insurance, insurance value, the causes of this increased under-insurance. The sum insured for the building is located below the currently valid insurance value and needs to be adapted.
Shall recommend the expert to examine as soon as possible to provide the protection offered by current policy of homeowners insurance and, if necessary, to extend this 'danger' photovoltaic system. "In case of doubt should be anticipated, the broker, insurance agent or pull in doubt, the insurance company to rate themselves," said Jens Grönke. This can incidentally also be aware of whether, for example, operator error, sabotage or damage are also covered in the induction system. "Of course our office is also available for questions. As an insurance bureau is among other things our goal to educate about insurance stumbling blocks in building and maintaining insurance against financial loss, informed Grönke.
