Photovoltaic (solar) panels: part of your home

Going solar is one of the best ways you can personally combat climate change and make a positive impact. Solar panels are also known as photovoltaic systems (PV systems). Installing them is also one of the easiest ways to start saving serious money on your electricity bills.

Protect your solar energy with AxiHome property insurance

Like your patio, balcony or security system, solar energy systems are part of your property. This means that as long as you own photovoltaic (solar) panels, your system will be included in your AxiHome property insurance policy and covered against your chosen perils without resulting in an increase to your premium.

In most cases, PV systems are built on the roofs of apartment buildings/houses, or located on land. As such, they can be affected and damaged by storms, hail and lightning, and can themselves become a source of fire.

Here are the common risks covered by your AxiHome property insurance policy, which includes your photovoltaic (solar) panels:

  • Fire
  • Lightning strikes
  • Storms and hail
  • Explosions
  • Vandalism and malicious damage
  • Theft
  • Ice, snow or slush slide
  • Flood 
  • Earthquake

Home insurance is a good solution to protect your home. Our experts are available for a free consultation to help you choose the insurance coverage that best fits your needs.

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FAQ

01

What are the Home Insurance Property Coverages?

A standard policy usually provides coverage against major risks as fire, natural disasters, floods, storms, hail. Additionally, upon your request, coverage against risks such as earthquake, theft, malicious acts of third parties and etc. may be included.
02

When should I take out Medical Insurance for foreigners in Bulgaria?

When entering or transiting through the territory of the Republic of Bulgaria, it is necessary to have Medical Insurance for foreigners.
03

What type of buildings can be insured under Home Property Insurance?

Apartments, houses, other buildings and structures of a special type such as garages, barns, fences, etc. may be insured.
04

How do I get a quote on a product or service for business customers?

For a quote and offer related to our products for business customers, please email us at [email protected] or contact us on 0700 400 99.
05

I shall be traveling abroad for planned medical treatment. Will Travel Insurance policy cover my medical expenses?

This is one of the exclusions under Travel Insurance and these medical expenses will not be covered. The insurance does not cover medical expenses incurred for the purpose of planned treatment, as well as does not include the treatment expenses for any pre-existing condition or illness.
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