How To Know If Your Insurance Will Cover Roof Repairs
The roof is arguably the most exposed part of your home to the elements. From the heavyweight of snow and hail to windstorms and tornadoes, several factors can cause your roof to spring in leaks and require repair. If you’re like many homeowners, you may be wondering whether your homeowner’s insurance will cushion you from the cost of repair should your roof suffer storm damage. Here is everything you should know about insurance and roof repairs.
Types of Damages Covered by Homeowner’s Insurance
A typical homeowner’s insurance policy will cover the cost of roof repair only if the damage is caused by inclement situations like hail, wind, fire, and other forces of nature stated in your policy. If high winds tear off shingles during a storm, it should be covered in your policy.
However, problems caused by general wear and tear or old age are not eligible for coverage. Such damages often fall under the general maintenance responsibility of homeowners. Typically, insurance covers sudden or accidental situations rather than negligence. Additionally, many insurance companies often curtail coverage for roofs older than 20 years. Some will only reimburse the actual cash value of the roof, not the current repair or replacement cost.
You’ll Need to Pay Your Deductible
Of course, you’ll still need to pay your policy deductible before your insurance coverage kicks in. Policies differ widely in what they cover and the deductible homeowners need to pay before the coverage kicks in. So, be sure to go through the fine print of your coverage. Having the right coverage matters a lot and could mean the difference between paying for roofing repairs out of pocket and seeking reimbursement from your insurance carrier.
Some policies may impose a higher deductible for damages caused by hurricanes or hailstorms, especially if it’s written for a high-risk area. Other insurance carriers may even require you to purchase a separate policy for damages ensuing from windstorms and hurricanes.
It’s best to review your homeowner’s insurance policy with your agent to understand what is and what isn’t covered and be better prepared. At Exteriors Plus, we have several years of experience repairing and replacing roofs through insurance claims in the Akron and Cleveland areas. Contact us today to learn more about the insurance claim process or to request a free estimate!