After we got close to installing the hardware we felt it was time to procure some insurance. This project was eagerly tackled by Linda, my wife. She called 5 new insurance providers as well as our present one. 2 did not return quotes after discussing our needs. 2 did return our call but explained that they could not provide us with any coverage. One agent stated it was the wording of the Hydro One contract that prevented them from covering us, the other agent said underwriters would not cover it.
Our old broker said our old insurance company would not cover us but she had another company that would. We received a verbal price from her. Our home insurance was the same price at $600.00 but the solar panel coverage would be an extra $1000.00. 1 broker returned a quote the next business day. This was W.C. Burgess Insurance Services Ltd. The price to insure our home was a little less for more coverage, and the solar coverage was $9.00 for every $1,000 of solar cost as replacement value. This put them at a better price than our old broker.
While waiting for more responses, we received a registered letter, from our old insurance company. This was notification of termination of coverage in 15 days. Reason stated was operation of commercial business near the home. This prompted us to move forward with W.C.Burgess. We signed on with them within a week. A bumpy but a successful conclusion.
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