When unexpected damage occurs to your home, your first instinct may be to file a claim with your homeowners’ insurance carrier. After all, you pay hefty premiums each year to protect your home. However, coverage isn’t always cut and dry when it comes to roof replacements. In some instances, there will be coverage for roof repair or replacement, but there are several circumstances that will leave you footing the bill.
The purpose of an insurance policy is to return your property to its condition before incurring damage or a loss. Most homeowners insurance policies will cover replacement or repairs to your roof only if the damage is caused by a covered peril. Damage caused by accidents, like a tree falling on your roof, or damage caused by severe weather is generally covered under a homeowners policy.
It’s important to keep in mind that even if your insurance claim is approved, you will still be responsible for paying a deductible, usually $500 or $1000.
There are a few reasons why your insurance policy may not fully cover roof repair or replacement.
The age of your roof will also be considered when the insurance company evaluates whether they will pay a claim. Roofs that are older than 20 years usually have very little coverage. If you have not kept up with regular maintenance on your roof and it had fallen into disrepair prior to incurring damage, your insurance policy may not cover the repair or replacement.
If the damage to your roof was caused by something that could have been prevented by maintenance, your claim will likely be denied. For instance, if a tree branch falls on your roof and it is found that you have not kept up with trimming surrounding trees, you will be responsible for paying the cost to repair or replace the roof. Additionally, if there has been prior damage to the roof that you did not take care of, any future claims of damage will likely be denied.
Some types of roofing materials may not be covered by your homeowner’s insurance policy. An insurance company wants to pay out as little as possible for claims, so they will often refuse to cover certain materials or fixtures. For example, your insurance policy may not cover wood shingles since they are very susceptible to damage from fire and water, and they can be more expensive to replace than other types of roofing,
The best way to be prepared for issues with your roof is to be familiar with the requirements and exclusions of your homeowners policy. When you are shopping for insurance, be sure you fully understand the coverage you are purchasing and always keep an updated written copy of your policy for your records.
If you are having trouble with your roof and are not sure where to start, call Loyalty Exteriors today.
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