A solar panelâs product warranty covers the integrity of the panel itself, and protects you against failures due to manufacturing defects, environmental issues, premature wear and tear, etc. As with most warranties, a longer period is generally more advantageous to you, if you own your solar panel system. When evaluating a solar panel warranty and its manufacturer, the two most important factors on which you should focus are: 1. Product (or materials) warranty, and. 2. The performance warranty.
New Illinois State Law â Increased Mandatory Liability Limits. Dear Illinois Policyholder: Effective January 1, 2015, the Illinois General Assembly has. enacted SB1898 that increases the minimum financial. responsibility liability insurance limits to $25,000 for bodily injury. to any person, $50,000 for bodily injury per accident and $20,000.
What are the limits in the standard homeowners policy? [Note: this answer is based on the Insurance Services Office's HO-3 policy.] Coverage A and B cover your dwelling and other structures on the premises on an âall risksâ basis up to the policy limits. You set the limit for Coverage A when you buy the policy. The Coverage B limit is usually equal to 10% of the policy limit on Coverage A. Coverage C covers losses to your personal property on a ânamed perilsâ basis, which means youâre covered for all the perils specifically named on your policy.