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Writer's pictureJoyce Insurance

Understanding Homeowners Insurance and Roof Replacement

Your roof is your home's main shield against the weather, protecting you from rain, snow, wind, and harsh sunlight. But what happens when that shield needs repairs or replacement? 

Homeowners insurance can be beneficial in these situations, ensuring your home remains protected and giving you peace of mind.


Does homeowners insurance cover your roof replacement?

The good news is that most homeowners insurance policies do cover roof replacement, but there are important details to be aware of. Generally, insurance will cover damage caused by "covered perils." 


These generally include natural events such as hailstorms, strong winds, lightning strikes, and heavy snow. Objects falling onto your roof, like a large tree branch or debris from a storm, as well as fire, also fall into this category. Homeowners insurance is unlikely to cover damages caused by lack of maintenance or wear and tear. 


How to file a roof replacement claim

If you think a covered peril has damaged your roof, follow these steps to improve your chances of getting your insurance to pay for the replacement:

  • Contact your insurance company right away

As soon as you notice the damage, contact your insurance provider. Don't wait, as delaying might complicate the claim process or even result in denial.

  • Document the damage thoroughly

Take clear, detailed photos and videos of the damaged areas from multiple angles. You should also note the date and time the incident occurred and keep a record of any related weather events or accidents. This documentation is essential to support your claim.

  • Get multiple repair estimates

Once your claim is approved, obtain quotes from several qualified roofers to ensure you get a fair price for the repairs. 


What if I have an old roof?

The age of your roof can significantly affect how much coverage your insurance provides for a replacement. 


Many policies limit or exclude coverage for roofs older than about 20 years. In these cases, your insurance might only offer Actual Cash Value (ACV) for the damaged sections, which factors in depreciation. 


This means you would only receive the current value of the roof, not the cost to replace it with a new one. Replacement Cost Value (RCV) coverage, which pays to replace the roof with a new one of similar quality, might not be available for older roofs.


Understanding your deductible

Your deductible is the amount you have to pay out of your own pocket before your insurance starts to cover the costs. Knowing your deductible is important so you can plan your budget for any roof repairs that might be necessary. 


For example, if your deductible is $1,000, you'll need to pay that amount yourself before the insurance company helps with the rest of the repair costs. 


Protect your roof and home with the right homeowners policy

For more information on how homeowners insurance can help with roof replacement, call us today. Our agents will also find the right policies that suit your needs and guide you in selecting the best fit for your situation.  

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