So you need a new roof? Regardless of the circumstances, you might be wondering whether your homeowner’s insurance policy will cover some or all of the replacement.
The answer: It depends.
Specifically, it depends on the reason behind your roof replacement. In this post, we’ll explain the situations where your insurance policy is likely to cover a roof replacement. Here’s a look:
Is My Roof Covered?
If you want to know whether your roof is covered by your homeowner’s insurance policy, it really boils down to one major question: Do you need a new roof because it incurred damage in a storm or weather event?
If you’ve answered “yes” to this question, then there’s a good chance it’s covered – at least partially – after you meet your policy’s deductible. However, there are a few variables that your insurance adjuster will also weigh when it comes down to determining how much your payout is. For instance:
- Age of the roof: Older roofs are more susceptible to damage during inclement weather compared to newer roofs. Noting this, an adjuster may only award a partial amount based on the age and overall condition of the roof.
- Type of roof: Sometimes, homeowners insurance policies make exceptions based on roof types. In other words, the type of roof that you have could dictate your payout amount.
- Overall care and maintenance of the roof: If it was discovered during the claims process that your roof had any sort of damage that left it more susceptible to incurring damage in a storm, you could be looking at a reduced payout amount – especially if an adjuster determines it was from a lack of proper care and maintenance. In some cases, the overall condition of your roof could void the insurance policy.
Here’s a look at some other tips and strategies to ensure you get the highest payout for your roof claim toward a replacement:
- Know your policy: Homeowner’s policies can be confusing, but knowing them, knowing what’s covered, and knowing the circumstances involving coverage can go a long way toward providing clarity and eliminating confusion.
- Document damage: It may take hours or even days for an adjuster to assess your claim following roof damage. That’s where you come in. Take plenty of pictures to document the damage.