Roofing and Home Insurance
Home insurance broadly covers damage that occurs due to unpreventable reasons.
The roof keeps a home safe from the elements. It also has a significant impact on home insurance.
Read on to learn what home insurance covers regarding roofing.
The basics
Home insurance broadly covers damage that occurs due to unpreventable reasons. As such, it isn't likely to cover damage from negligence or intentional behavior. Instead, it covers vandalism or natural disasters (fire, hurricanes, tornadoes, and similar). The roof falls under dwelling protection in most policies, but there can be some limitations (for example, the roof's age).
What affects the coverage
Firstly, the roof's age is a considerable factor in insurance coverage. Older roofs have limited coverage, especially those well past their life expectancy. For example, they might be covered for their cash value instead of replacement cost.
Materials may affect the insurance, too. Some more expensive materials may influence premiums or coverage limits. Furthermore, if the house is in an area prone to severe weather, the coverage requirements might be different or have additional riders.
Roofing claims
The most common reason for claiming insurance on the roof is from storm damage, including wind and hail. Leaks and water damage are also common reasons for a claim, but there must be proof that they didn't result from neglect.
How to file a claim for roof damage
Keep track of all the roof damage with photos or videos. Also, keep notes to explain exactly what was damaged and how. After collecting enough evidence, contact the insurance company to report the damage and make a compensation claim. It's also wise to talk to a professional roofing contractor who can also look at the damage's extent and estimate the claim.
Roof and insurance premiums
Insurance premiums can be lower if the roof is new and in good condition. The risk of damage beyond a disastrous situation is less likely to happen. Furthermore, some roof materials are more durable than others and can resist fire or hail better, which also lowers the insurance cost.
Roof upgrade
Considering the differences in insurance premiums depending on the roof's age and materials, upgrading a roof might be more economical in the long run. When the roof is better equipped to protect the house and resist the weather better, it could qualify the homeowner for insurance discounts. Let the insurance provider know about roof upgrades so the policy can reflect that.
Claim the rights
If homeowners have any doubts regarding a property's roof and home insurance, it's recommended that they contact a roofing contractor. These professionals can provide insights on how to make the most out of any insurance policy.
Irish Roofing Company provides Scottsdale with roof inspection, installation, sealing and repair. We offer shingle services, tile roof services, flat roof services, roof cleaning, roof inspection, roof installation, leak repair, roof recovering, roof repair, roof sealing, skylight installation and replacement, and wood shake services for commercial and residential customers.
