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Solar Insurance

Protect Your Solar Investment

Rooftop and ground-mounted solar panel systems are a significant investment. Solar insurance protects your panels, inverters, and other equipment from damage, theft, and natural calamities — ensuring your green energy savings continue uninterrupted.

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Protect your green energy investment

What is Solar Insurance

Complete protection for your solar power system

Solar insurance is a specialized insurance policy designed to protect solar panel systems, inverters, mounting structures, and other equipment from various risks.

Damage Protection

Covers physical damage to solar panels, inverters, and mounting structures caused by accidents, storms, or vandalism.

Natural Calamities

Protection against hailstorms, lightning, floods, earthquakes, cyclones, and other natural disasters.

Theft & Vandalism

Covers theft of panels, inverters, cables, and other components, as well as intentional damage by third parties.

Performance Guarantee

Compensation for loss of revenue or energy generation due to damage or downtime.

Fire & Explosion

Coverage for damage caused by fire, short circuits, or explosions in the solar system.

Breakdown Cover

Protection against breakdown of inverters and other electrical components due to mechanical or electrical failure.

Why You Need It

Why solar insurance is essential

Your solar system is a long-term investment. Without insurance, a single event could cost you lakhs in repairs or replacement.

High Investment Protection: Solar systems cost ₹50,000 to ₹5 Lakh+ per KW. Insurance protects this investment.
Unpredictable Weather: India experiences hailstorms, cyclones, lightning, and floods — all covered.
Theft Risk: Panels and inverters are valuable and can be stolen, especially in remote areas.
Performance Loss: Downtime means loss of energy savings or feed-in tariff income — insurance covers that.
Peace of Mind: Enjoy the benefits of solar energy without worrying about risks.

Coverage Details

What's covered & what's not

What's Covered

Physical Damage: Panels, inverters, mounting structures
Natural Disasters: hailstorm, lightning, floods, earthquakes, cyclones
Fire & Explosion: Electrical fires, short circuits
Theft & Vandalism: Stolen or damaged equipment

Not Covered

Wear & Tear: Normal degradation over time
Improper Installation: Damage due to faulty installation
Negligence: Lack of maintenance or care
Manufacturing Defects: Covered by manufacturer's warranty
War & Nuclear Risks: Standard exclusions

Documents Required

What to keep ready

For a smooth claim process, keep these documents handy.

Policy Documents

Your solar insurance policy copy and schedule of coverage.

Purchase Invoice

Original invoice of solar panels, inverter, and installation.

Damage Photos

Clear photos and videos of the damaged equipment.

Police Report

For theft or vandalism cases, an FIR is required.

Warranty Documents

Manufacturer's warranty certificates for panels and inverters.

ID Proof

Aadhar, PAN, or other government-issued ID.

Claim Process

How to file a solar insurance claim

Follow these 4 simple steps to get your claim settled quickly.

Intimate the Claim

Call us at 9337417215 or fill the claim form online. Provide basic details of the incident.

Submit Documents

Upload policy copy, invoice, damage photos, and other required documents.

Survey & Assessment

Our surveyor visits the site to assess the damage and verify the claim.

Claim Settlement

Claim amount is approved and disbursed to your bank account within 7-10 working days.

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Fill in your details and we'll get back to you with the best solar insurance plan options.

Solar Insurance Enquiry

FAQ

Frequently Asked Questions

Find answers to the most common questions about solar insurance.

1. What is solar insurance and why do I need it?

Solar insurance is a specialized policy that protects your solar panel system from damage, theft, fire, and natural calamities. Your solar system is a significant investment (₹50,000 to ₹5 Lakh+ per KW). Without insurance, a single hailstorm, lightning strike, or theft could cost you lakhs in repairs or replacement. Solar insurance gives you peace of mind and protects your green energy savings.

2. What does solar insurance cover?

Solar insurance typically covers: 1) Physical damage to panels, inverters, and mounting structures due to accidents, hail, storms, or vandalism, 2) Damage from natural disasters like earthquakes, floods, lightning, and cyclones, 3) Fire and explosion damage, 4) Theft of equipment, 5) Loss of revenue or energy generation due to damage, 6) Breakdown of inverters and electrical components. Some policies also cover third-party liability.

3. Are natural calamities like hail and floods covered?

Yes! Solar insurance typically covers natural calamities including hail, lightning, floods, earthquakes, cyclones, and storms. India experiences frequent hailstorms and cyclones — especially in coastal areas — which can damage solar panels. Insurance ensures you don't have to bear the full replacement cost. Always check your policy wording for specific exclusions.

4. How much does solar insurance cost?

The cost of solar insurance depends on several factors: 1) System capacity (KW), 2) Type of system (rooftop, ground-mounted), 3) Location and exposure to risks, 4) Sum insured. Generally, premiums are 0.5% to 1.5% of the total system cost. For example, a ₹5 Lakh solar system may cost ₹2,500 to ₹7,500 per year to insure. Contact us for a custom quote.

5. What documents are needed to file a solar insurance claim?

To file a solar insurance claim, you need: 1) Policy copy, 2) Original invoice of the solar system (panels, inverter, installation), 3) Photos and videos of the damage, 4) For theft: Police FIR report, 5) Manufacturer's warranty documents, 6) ID proof (Aadhar/PAN), 7) Filled claim form. We'll guide you through the process and help you with any missing documents.

6. How long does it take to settle a solar insurance claim?

The claim settlement process typically takes 7-10 working days after all documents are submitted. Here's the timeline: 1) Intimation — same day, 2) Surveyor visits site — within 24-48 hours, 3) Document submission — 2-3 days, 4) Assessment and approval — 3-5 days, 5) Disbursal — within 48 hours of approval. We prioritize quick settlement to minimize your system downtime.

7. Will my solar insurance cover manufacturer defects?

No, manufacturer defects are typically covered under the manufacturer's warranty (usually 10-25 years for panels and 5-10 years for inverters). Solar insurance covers external damages like weather, theft, fire, and vandalism. We recommend you have both the manufacturer's warranty and insurance for complete protection.

8. Can I get solar insurance for an existing solar system?

Yes! You can insure an existing solar system. We'll need: 1) System details (capacity, type, installation date), 2) Purchase invoice, 3) Condition assessment. The insurance company may conduct a site inspection to verify the system's condition. We recommend insuring your system as soon as possible — don't wait for a damage to happen.