How to Get Solar Panel Insurance in Pakistan — Which Companies Offer It?
A solar system is a Rs. 600,000–1,500,000 investment sitting exposed on your rooftop. Hailstorms, theft, fire, floods, and accidents can all damage or destroy panels, inverters, and batteries. Solar panel insurance is still relatively uncommon in Pakistan, but it exists and it’s growing. This guide explains what’s available, what it covers, and how to get it.
What Solar Insurance Covers
| Risk | Typically Covered? |
|---|---|
| Hail damage | ✅ Yes — fire & allied perils policy |
| Storm / wind damage | ✅ Yes — fire & allied perils policy |
| Fire | ✅ Yes — standard |
| Theft of panels | ✅ Yes — with burglary rider |
| Flood damage | ✅ Yes — with flood extension |
| Accidental breakage | ⚠️ Sometimes — requires specific clause |
| Power surge / lightning | ✅ Yes — with electrical damage clause |
| Manufacturing defect | ❌ No — covered by panel warranty |
| Loss of income / generation loss | ❌ Rarely — not standard in Pakistan |
Which Insurance Companies Cover Solar in Pakistan?
- Jubilee General Insurance — offers solar-specific coverage under industrial all-risk and property policies. Contact commercial lines team for residential solar endorsements
- Adamjee Insurance — property insurance with solar system endorsement available. One of the most widely used for commercial solar installations
- EFU General Insurance — covers solar under machinery breakdown and fire/allied perils policies
- IGI Insurance — offers renewable energy asset coverage
- Your home insurance provider — if you have existing home insurance, call and ask if solar panels can be added as a scheduled asset. Many home policies can include solar with a simple endorsement at additional premium
How to Get Solar Insurance — Step by Step
- Gather your system documentation: Collect your installation certificate, inverter and panel serial numbers, system layout diagram, and total installed cost (with invoices)
- Contact 2–3 insurers for quotes: Approach Jubilee, Adamjee, and EFU directly or through a broker. Explain you want to insure a rooftop solar system — specify the sum insured (total replacement cost of all equipment)
- Specify the coverage you need: Ask for fire & allied perils + burglary + accidental damage + flood extension. Get a breakdown of each coverage element in writing
- Compare premiums and excess: Premiums typically range from 0.3–0.8% of insured value annually (Rs. 2,000–6,000/year for a Rs. 800,000 system). Compare deductibles — lower premium often means higher excess on claims
- Read the exclusions carefully: Common exclusions: gradual deterioration, wear and tear, panels installed without proper mounting, and damage during installation
- Pay premium and get policy document: Ensure the policy schedule lists your system’s serial numbers and installation address specifically
💡 Cost perspective: At 0.5% premium on Rs. 900,000 system = Rs. 4,500/year. Your system generates Rs. 25,000–30,000/month in electricity value. Insurance at Rs. 375/month is excellent value for protecting that asset.
Frequently Asked Questions
❓ Does the panel manufacturer warranty cover physical damage like hail?
No — manufacturer warranties cover defects in materials and workmanship, performance degradation, and premature failure due to manufacturing issues. Physical damage from external causes (hail, storm, theft, fire) is explicitly excluded from all panel warranties. This is why separate property insurance is needed — the warranty and insurance serve completely different purposes.
❓ Are hailstorms a significant risk for solar panels in Pakistan?
Yes — hailstorms occur regularly in Punjab, KPK, Islamabad, and Azad Kashmir. All IEC-certified panels are tested to withstand 25mm diameter hailstones at 23m/s — which handles typical hail. However, severe hailstorms (35mm+ hailstones) can crack glass and damage cells. Insurance claims for hail damage are not uncommon in North Punjab and Islamabad. Buyers in these areas should prioritise hail coverage specifically.
❓ What happens if my solar panels are stolen?
Panel theft is increasing in Pakistan, particularly at remote agricultural and commercial installations. Rooftop residential panels have lower theft risk but are not immune — inverters and batteries are also targeted. With a burglary endorsement on your insurance policy, you file a First Information Report (FIR) with police, submit it to your insurer with the claim form, and the insurer reimburses the replacement cost of stolen equipment.
❓ Do I need to inform my insurer when I install solar?
Yes — if you have existing home or property insurance, you should notify your insurer when adding solar panels. Failure to disclose a material change in your property can invalidate claims. Most home insurers can add solar as a scheduled item with a small additional premium. Failing to disclose means your panels may not be covered under your existing policy even if you assume they are.
☀️ Protect your solar investment — compare system prices first
Sources & references
Tariff, net-metering, and policy details on this page draw on the following official sources. Rates change often, so confirm current figures with the relevant authority or a licensed installer before you decide.
- NEPRA — National Electric Power Regulatory Authority: electricity tariffs and the 2026 shift from net metering to net billing.
- AEDB — Alternative Energy Development Board: solar policy, installer standards, and net-metering guidance.
- Your local distribution company (DISCO) — for example LESCO, K-Electric, IESCO, MEPCO, PESCO or QESCO — for area-specific tariffs and the net-metering application process.
