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In most cases, solar panels are covered by homeowners insurance because they are considered a permanently attached part of the home, and you may not need additional coverage. However, it is essential to read the fine print of your specific policy to understand the extent of the coverage, as some policies might only cover certain types of damage, such as hail. Always check with your insurance provider before installing solar panels to ensure your policy provides adequate coverage for your investment.

Insurance companies aren’t against solar panels, but they may have concerns about the risks and costs of insuring solar. The type of policy, where you live, and the insurance company itself matter. Extreme weather can damage solar panels, and faulty installation or electrical malfunctions pose a fire risk—this, in turn, can increase insurance company liability and payouts. However, you’re likely to keep coverage as long as you have a pro install the solar system, keep it maintained, can pass a solar panel inspection, and update your homeowners policy to include solar.

Solar panels should get at least four to six hours of direct sunlight daily. It’s even better if sunlight reaches panels between the peak hours of 10 a.m. and 3 p.m. This is enough to power a home, depending on your solar system’s size and energy needs. Remember that panels will generate some power under cloudy skies or in the shade, and many systems compensate for lower sun exposure by drawing energy from the grid or battery storage.

For most U.S. homeowners, switching to solar energy is an excellent investment. A properly sized solar array can significantly reduce your electric bill, saving money on utilities every month. Most homeowners enjoy savings that cover the cost of their solar systems within 12 years and then turn a profit. Additionally, federal and state tax incentives are available that help make solar an even better and more profitable investment.