Solar System Insurance Malaysia

Insurers price a solar system on the asset being covered and where it sits. To compare policies properly we ask for the installation invoice or equipment list, the system size in kWp, the inverter and panel brands, the property address, and whether the system is on a roof or on the ground. If you already hold a building or fire policy, send us a copy so we can check whether solar equipment is named, excluded or only covered up to a small sub-limit.

Policies differ on what is included. Typical items to compare are cover for panels, inverters and mounting structures, lightning and surge damage, theft and vandalism, flood and windstorm, and whether business interruption or loss of generation income can be added for commercial systems. Excesses, sum-insured basis (replacement value or market value) and claim documentation requirements also vary between insurers, so a lower premium is not always the better policy.

A system that is well installed and well maintained is easier to insure and easier to claim on. Many owners therefore pair a policy with an independent solar inspection at handover and a regular operations and maintenance plan. If you are still deciding on a system, our residential and commercial solar pages explain how systems are sized and installed, and our solar fire safety guide covers installation practice that insurers look at.