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1 posted on 07/29/2022 8:11:08 AM PDT by George from New England
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To: George from New England

In Texas we get a lot of hail, and there are large deductions before they pay out, and it is not part of a roof policy.\

That 2% seems cheap.


2 posted on 07/29/2022 8:23:56 AM PDT by texas booster (Join FreeRepublic's Folding@Home team (Team # 36120) Cure Alzheimer's!)
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To: George from New England

Solar panels are typically covered in your homeowners insurance as they are considered a permeant attachment to the property. There may be some exclusions, such as wind damage, you’d have to check your policy or talk to your Agent for specifics, as they may vary from carrier to carrier.


3 posted on 07/29/2022 8:24:11 AM PDT by BBQToadRibs2
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To: George from New England

The “rate” is determined by the COPE factors, as well as other expenses the insurance company incurs in underwriting your insurance policy.

Construction, Occupancy, Protection, Exposure


4 posted on 07/29/2022 8:37:46 AM PDT by TexasGator (UF)
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To: George from New England

I am interested in more mundane subjects like the wars famines pandemics and stolen elections. Maybe you should be asking the motley fool.


6 posted on 07/29/2022 8:50:43 AM PDT by webheart
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To: George from New England

In Kansas. I contacted American Family and my agent had never encountered this question. This happened 3 months ago. Our solar system went live early May (28 panels). The added cost for added coverage is $25 per month.


7 posted on 07/29/2022 9:04:06 AM PDT by Man from Oz
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To: George from New England
I don't have solar riders in my insurance (the state you're in probably matters because many homeowners insurance regulations are done at the sate level and, therefore, impact policies). I did, however, in crease my coverage to account for the increased rebuilding costs. (Maybe everybody should increase their coverage to account for the high costs of lumber and such.)

My insurance has no riders nor discounts for solar. Thus, rebuilding my house as it is with solar would cost more than without solar simply on solar being another cost if I had to rebuild. I increased it more also for the related changes I made (my new hybrid water heater would cost more to replace than the gas water heater I used to have).

8 posted on 07/29/2022 9:12:44 AM PDT by Tell It Right (1st Thessalonians 5:21 -- Put everything to the test, hold fast to that which is true.)
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To: George from New England

I would only purchase panels if I had the room to put them in my yard and not my roof. They add a lot of weight, act as a wind sail and if you need a roof replaced, you’ll have to pay to have them removed & reinstalled.


10 posted on 07/29/2022 9:16:44 AM PDT by Mean Daddy (Every time Hillary lies, a demon gets its wings. - Windflier)
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To: George from New England

In Florida my first inclination would be to say ‘yes’as I’ve seen too many roofs with blue tarps after a storm but apparently they are secured pretty well to the roof.

If you have trees and/or possible flooding I would look into it for sure. Can you raise the deductible just on the solar?


15 posted on 07/29/2022 8:57:55 PM PDT by VeniVidiVici (Vote Democrat and stay on the plantation!)
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