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Key Insurance Considerations for a Body Corporate Before Installing Solar Panels

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As a result of the ongoing problems with load shedding, many sectional owners are looking into alternative and renewable energy options such as solar panels to reduce the impact of load shedding on their homes. A common question, therefore, being raised by sectional owners is whether they are permitted to install solar panels on their sectional property.

Taking this one step further, one then needs to determine the responsibilities of the owner vs the Body Corporate when it comes to the insurance policy of the Sectional Title Scheme and how the installation of solar panels affects the insurance policy.

In this episode of Fitzanne's Property Exchange, Pearl Scheltema talks to Mike Addison, co-owner and founding director of Addsure, a registered financial services provider about crucial insurance considerations for a Body Corporate before installing solar panels.
12 Jun 2023 English South Africa Business

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