Simply put, insurance companies are fully aware of how important roofs are to a home. They protect everything and everyone inside, afterall. Which means, in the grand scheme, it prevents them from a bigger payout for flooding or mold damage. Additionally, if the roof is simply damaged at the moment, it’s much cheaper to pay for repairs than an entirely new roof down the road due to the lack of repairs. However, it’s important to note that some insurers now restrict their coverage and most won’t cover aging roofs at all. This may make you curious as to if your roof will even be covered should the need arise.
WHAT KIND OF DAMAGE DOES INSURANCE USUALLY COVER?
Typically, dwelling coverage that is included in homeowners insurance is there to protect all of your home’s structure from a variety of “normal” damage resulting from fire, hail and wind. Because of this, holes from hail or a fire caused by lightning should be covered either partially or fully.
WILL THERE BE A DEDUCTIBLE?
Most likely. Every policy is different, so it’s impossible to say for certain off the cuff, but there is usually a deductible that must be paid out prior to insurance covering repairs and replacements. Additionally, there will be a coverage limit, so it’s critical to understand what your policy entails so you know what to expect. For instance, your policy may not cover wind, so you need to read through it before committing to anything.
WHAT ABOUT LEAKS?
Provided you do not have any exclusions in your insurance policy, leaks that are the result of natural incidences such as fire, wind and hail should be covered.
WHAT IS NOT USUALLY COVERED?
Again, every policy is unique, but things that are not covered typically includes wear and tear and damage caused by neglect. It is usually only accidental or sudden damage that is covered by insurance, so again be aware of what is in your policy prior to committing to anything. Texas Home Exteriors is here to help guide you throught the insurance process and act as your middle-man so you’re not taken advantage of. Give us a call today to check on how your roof is doing.