Whether you have an old roof or a new one, you may be wondering whether your homeowners insurance covers roof repair. A typical homeowners insurance policy covers damage caused by fire, windstorms, hailstones, and other types of disasters. While the insurer may cover your roof repair, your premiums may increase. Similarly, if your roof is in poor condition, your insurer will likely decline your claim. However, your policy may also provide for replacement cost coverage, which pays for the repair of your roof in full after the repairs are complete.
The roof is a large part of your home and is exposed to all kinds of elements. It is often exposed to the sun’s rays, which can wear away at shingles. As a result, it is essential that you check on your roof regularly. If you notice damage, you should take pictures of the damage to submit with your claim. In addition, you may be able to find out whether your insurer will cover the roof repair before it occurs.
Homeowners insurance also covers damages caused by wind, rain, and lightning. The insurer will usually send an adjuster to inspect the damage and determine whether it is covered under your policy. If the damage is covered, the insurer will usually send a check in the mail for the cost of the repairs. However, if you need to make a claim, you will need to pay the deductible in order to receive the reimbursement.
As with many other things, the right homeowners insurance policy can save you a lot of grief. Some policies offer full replacement coverage for severely damaged roofs if they are less than ten years old. Other policies offer actual cash value coverage, which pays up to the full cost of replacing the roof in today’s market.
Insurance companies have their own list of roof repair-related requirements. Some may only pay for the roof replacement cost, while others may require you to pay for inspection and appraisal costs. Others may not cover damage caused by weather or neglect. For example, some insurance companies only offer roof coverage with an ACV payout in Oklahoma.
In order to determine whether your homeowners insurance covers roof repair, you should read your policy thoroughly. This may involve a visit to an insurance agent, who can help you find out if your policy covers the roof and which parts are covered by the policy. If you are unsure, your insurer will usually make a recommendation. It is also wise to shop around before choosing a policy. It is also a good idea to pair your homeowners insurance with a home warranty, which can add an extra layer of protection to your roof.
Regardless of whether or not your homeowners insurance covers roof repair, you should take preventative measures to prevent roof damage from happening in the first place. Maintaining trees that hang over your roof and taking preventative measures to protect them from windstorms and storms can help you avoid roof related damage.