Why are homeowners losing coverage after installing solar panels?

https://www.insurancebusinessmag.com ^ | 9/24/24 | By Terry Gangcuangco

[RomanSoldier19]

[CatOwner]

How well do solar panels handle tennis ball sized hail?

[Jamestown1630]

I’ve wondered how those fare in a strong hail storm.

[lightman]

Canukistan.

Coming soon south of the 49th.

[RomanSoldier19]

https://www.wptv.com/money/real-estate-news/companies-refuse-to-insure-palm-beach-county-homeowner-with-solar-panels

[TangoLimaSierra]

How well do solar panels handle tennis ball sized hail?

About as well as your roof and car. Normal hail is fine.

[E. Pluribus Unum]

The real problem is the batteries for the solar power system and the possibility of them catching on fire and burning your house down.

[gitmo]

But why don’t they simply exclude the solar panels from coverage. The article indicates they are cancelling the entire home coverage.

[algore]

“The real problem is the batteries for the solar power system and the possibility of them catching on fire and burning your house down.”

not if you use Edison or lead acid batteries

[frank ballenger]

Maybe the sunlight reflects off the solar panels and low clouds and comes down to heat up the EV cars below and causes them to burst into flames much more often than average.
☀️⚡🔥🚓🚓🚒🚒

[Leaning Right]

Interesting article. And given that it happened in Canada, perhaps the Boy Genius (Justin Trudeau) could force insurance companies to back off.

After all, government interference with private business always works.

[libstripper]

Had a strong hailstorm here in 2011. It damaged just about every roof and just about all of those roofs had to be replaced. Replacing the solar panels would have added that much more cost to the roof replacements.

[R_Kangel]

...... Most homeowners don't realize that if you have solar panels installed on your roof .... If you have any roofing problems, Most Roofing companies will require the homeowner to have the solar panels removed before they will do any roof work on your house. IMO the Return on Investment on installing Solar on your roof is not worth the cost.

.

[higgmeister]

It’s Canaduh.

[webheart]

Untrue. The roofing company is the one that installed the panels in the first place. They will remove them and put them back afterwards. It’s not a free service but it can be done. You just have to know this before you hire a roofer.

[BobL]

Letting a bunch of shysters drive 1000 or so nails and screws into one’s roof isn’t going to end very well, unless it’s a barn or something.

[CatOwner]

Most homeowners don't realize that if you have solar panels installed on your roof .... If you have any roofing problems, Most Roofing companies will require the homeowner to have the solar panels removed before they will do any roof work on your house.

I've wondered about that. We had tennis ball sized hail back in April 2021 that required nearly everyone in the neighborhood to have their roofs replaced.

One such neighbor real close to us had their roof replaced near the end of the year timeline, in early 2022. A few months ago, they added solar panels to their house. Not sure if part of the reason is they have a Tesla and a charging station in their garage.

[logi_cal869]

I’ve tried having this conversation with others; not anymore.

It ain’t rocket science.

https://www.cea3.com/cea-blog/rooftop-solars-unspoken-truth-fires-and-safety-risks-are-uncomfortably-common

plus the hazards to firefighters which pose a corresponding higher risk due to rooftop solar installations.

[Mark]

Just as long Adam feels proud, money does not matter.

[BobL]

Not only does he get no more insurance, he also won’t be getting any measurable amount of power, given that he’s in Canada (not exactly the Mojave Desert) and he has a HUGE TREE right in front of the panels.