Insurance and photovoltaic system: is it really necessary?

When evaluating the installation of a domestic photovoltaic system, the first thing you do is request and compare various quotes. These usually include design, materials and installation, with the goal of having a system up and running immediately.

But some are often underestimated expenses”Hidden”, which almost never appear in the initial estimates, but which can have a significant impact in the long term. Knowing them in advance is essential so as not to have bad surprises.

The hidden costs of a photovoltaic system

Some extra costs are quite predictable:

• Cleaning the panels, to be carried out regularly to maintain the efficiency of the plant.
• Ordinary maintenance, to prevent failures and malfunctions.

Others, on the other hand, are often ignored:

• Plant insurance, essential to protect yourself from accidental damage, weather events or accidents involving third parties.

Photovoltaic system insurance: is it really optional?

Technically, it is not required by law. But in practice, insurance is almost indispensable, because it protects against two types of events:

1. Damage to the plant, such as hailstorms, power surges, inverter failures or other electronic components.
2. Damage to third parties, for example in the event that a module comes off and hits a car or property, or if a fire caused by a short circuit breaks out.

In all these situations, without insurance, the costs can be very high and borne by the owner.

How to choose the right photovoltaic insurance

When evaluating a policy, you don't have to limit yourself to the price. There are several things to consider:

• Deductible: the minimum threshold beyond which the coverage starts.
• Ceilings: the reimbursement limits for each type of damage.
• Exclusions: events not covered by the policy.
• Warranties included: what is actually protected (fire, theft, weather events, etc.).
• Risk zone: in some areas, insurance costs may rise.
• Value of the plant: more expensive systems require greater coverage.

It is also important to verify the Times of shortage, or when the coverage actually comes into effect after the contract is signed, and consider any policy adjustments over time, as the implant ages.

Shared photovoltaic: a worry-free solution

All these aspects - from maintenance to insurance - can discourage those who would like to invest in photovoltaic but do not have the time or desire to manage a domestic system.

This is why more and more people are choosing a alternative and simpler solution: the shared photovoltaic, such as the one proposed by GridShare.

With GridShare, you don't need to install anything on your roof. You participate in the construction of a high-efficiency solar park, and in return you receive a share of the revenues generated from the energy sold to the grid. Easier than that.

✅ Zero management: you don't have to deal with maintenance, paperwork or insurance. GridShare takes care of it.

✅ Security and insurance coverage: each solar park is protected by comprehensive policies, managed centrally and already included in the participation fee.

✅ Accessibility: you can participate with a minimum investment, even a few hundred euros, thanks to crowdfunding.

✅ Truly sustainable energy: GridShare parks are built only in high-efficiency areas, with the latest generation technologies.

✅ Bill savings (and also a possible return): the revenues from the sale of energy are returned to you based on your share.

In conclusion

Installing a private photovoltaic system involves a series of hidden costs and non-trivial management. Evaluating every aspect well, including insurance, is essential so as not to end up with unexpected expenses.

The shared photovoltaic is a lighter, safer and more inclusive alternative, which opens the door to solar energy even to those who cannot (or do not want to) face all this alone.

With GridShare, participating in the energy transition is finally simple.

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