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Solar panel insurance
In our own estimate, the basic example costs from €151 to €185, depending on the company. From there, 2 tables with 4 bands in all raise or lower the price: the same steps at every company, at another height.
The prices are our own estimates, and they can be wrong. They are not offers or an official ranking, and we sell no insurance. The algorithm is public. Why
The prices of each company are our own estimate. They come from our own research of the market and our judgement as people of the industry. They are not a price that the company publishes. We can be wrong, and the order of the ranking is more reliable than the exact price. Only the company gives the real price, with all your details. None of the 16 companies gave us a price.
The reference case
The price of the example is the one the comparison shows for these answers: the base of each company, the rates on the sums insured, the factors and the extra covers of the example.
- System value (€)
- 12000
- Age of system
- Up to 5 years
- Mounting
- On a roof
- The reference tier
- With theft and electrical damage
- €151 - €185
The tiers
The price of the basic example by tier, base and percentages on the sums insured, at the company with the cheapest and the company with the dearest estimate.
| Plan | Cheapest | Dearest | Spread |
|---|---|---|---|
| Fire and bad weatherCovers fire, lightning, hail and storm. | €128INTERASCO | €157Allianz Ευρωπαϊκή Πίστη | +23%16 companies |
| With theft and electrical damageAdds theft and electrical failures. · the reference tier | €151INTERASCO | €185Allianz Ευρωπαϊκή Πίστη | +23%16 companies |
| With earthquake and loss of productionAdds earthquake and the power you do not generate. | €190INTERASCO | €231Allianz Ευρωπαϊκή Πίστη | +22%16 companies |
The factors
Every insurer has the same bands, but its own coefficients
Every figure is one table of the calculation. The two columns in each band are the cheapest and the dearest estimate for the basic example.
From × 1.00 to × 1.26 along the scale. Click a band or drag the control.
× 1.00 ±0 € × 1.00 ±0 €
The table with the figures
| Band | INTERASCO | Allianz Ευρωπαϊκή Πίστη |
|---|---|---|
| up to 5 years old | × 1.00 | × 1.00 |
| over 5 years | × 1.26 | × 1.16 |
From × 1.00 to × 1.26 along the scale. Click a band or drag the control.
× 1.00 ±0 € × 1.00 ±0 €
The table with the figures
| Band | INTERASCO | Allianz Ευρωπαϊκή Πίστη |
|---|---|---|
| on a roof | × 1.00 | × 1.00 |
| on the ground | × 1.26 | × 1.16 |
Rates on the sums insured
Whatever is priced on a sum you declare, the value, the building, the capital, enters the price before the factors.
| Cover | In tiers | Cheapest | Dearest |
|---|---|---|---|
| System: 0.2% of €12,000on €12,000 | Covers fire, lightning, hail and storm., Adds theft and electrical failures., Adds earthquake and the power you do not generate. | 1.82‰€22 · INTERASCO | 2.04‰€25 · Allianz Ευρωπαϊκή Πίστη |
| Theft: 0.1% of €12,000on €12,000 | Adds theft and electrical failures., Adds earthquake and the power you do not generate. | 0.58‰€7 · INTERASCO | 0.64‰€8 · Allianz Ευρωπαϊκή Πίστη |
| Earthquake: 0.1% of €12,000on €12,000 | Adds earthquake and the power you do not generate. | 1.06‰€13 · INTERASCO | 1.18‰€14 · Allianz Ευρωπαϊκή Πίστη |
| Loss of production: 0.1% of €12,000on €12,000 | Adds earthquake and the power you do not generate. | 0.77‰€9 · INTERASCO | 0.86‰€10 · Allianz Ευρωπαϊκή Πίστη |
Extra covers
A flat price a year, unless the tier already includes it.
| Cover | Inside the tier | Cheapest | Dearest | Spread |
|---|---|---|---|---|
| Damage to others (liability)The panel that lifts off the roof in a gale and lands on the neighbour's car. | - | €23INTERASCO | €29Allianz Ευρωπαϊκή Πίστη | +26%16 companies |
| Mechanical failure of the inverterA failure of the inverter from wear or a defect, after the warranty ends. | - | €28INTERASCO | €35Allianz Ευρωπαϊκή Πίστη | +25%16 companies |
| Removal and reinstallationThe cost of taking down the damaged panels and putting up the new ones. On a roof it is often half the loss. | Adds earthquake and the power you do not generate. | €20INTERASCO | €25Allianz Ευρωπαϊκή Πίστη | +25%16 companies |
Minimum premium: from €83 to €103 depending on the company. No price falls below its own.
Instalments: in two halves the year costs 8% to 8% more, and in four quarters 16% to 16%, by company.