Photovoltaic Insurance


Securing energy through photovoltaic systems consists a very promising source of renewable energy, especially in our country which is filled with sunshine for most of the year. This specific technology, is able to confront the increasing demand for energy and is becoming more and more preferable in comparison to conventional energy sources, which are harmful to the environment. These systems can be installed freely outdoor in the countryside or even on building roofs and facades. Moreover, for those owners who are interested in covering fully their photovoltaic systems from possible dangers, either during the assembly and installation or their operation, we can offer a variety of insurance options, in cooperation with major and reliable insurance companies.

Indicative coverage in insuring photovoltaic units:

  • Fire
  • Smoke
  • Lightning strike
  • Explosion
  • Malicious – terrorist actions
  • Natural phenomena – hail – snow – ice
  • Theft
  • Damage caused from theft
  • Earthquake
  • Aircraft fall or objects from falling aircraft
  • Loss of earnings
  • Liability
  • Sedimentation – landslide
  • Engine failure (as extension of basic insurance)
  • Short circuit
  • Vandalism
  • Impact of third party vehicles
  • Busting of pipelines of any type
  • Revolts – riots- political turmoil
  • Incidental breaking of glass/panels
  • Civil liability
  • Wreck removal
  • Expenses/Fees of architects and other professionals
  • Sonic boom
  • Protection of sub-insurance
  • Expenses of minimization and limitation of covered material damage
  • Value of replacement (value of new)
  • Incidental breaking of plates – labels

How much is the cost of insurance of Photovoltaic systems:

Indicatively, for an installation of a photovoltaic unit in the countryside of 200.000 € total value, the premium starts from 256€/ annually (The premium calculations are referred to Ydrogeios Insurance).

To whom it may concern the Photovoltaic systems insurance: 

  • Individuals who wish to cover their home photovoltaic unit
  • Individuals who wish to cover their photovoltaic unit in the countryside
  • Companies that are related to photovoltaic units management or installation
  • Debtors that wish to cover their mortgaged photovoltaic unit

For more information please contact us.