There are plenty of benefits to buying a higher quality roofing product for your home. Impact-resistant roofing is one such option available to many property owners. It helps to minimize the damage to the roof from instances such as hail and falling tree branches. It can help to keep your property safe. Here are some key indications that factor into your home insurance benefits for these types of roof features.
Why Does Your Home Insurance Company Care About Your Roofing?
Roofs are an important component of a home’s structural integrity. If there is damage to the roof, it can impact the value of the home. Roof damage can also create a higher risk of mold and water damage, and even create the risk of structural instability. It makes your home less safe, too. All of this increases the risks of a home insurance claim.
The more you do to protect the roof, the more your insurance risks might benefit. Your insurer might want to know if you replace the roof. They also want to know what materials you use to do so.
Some roofing materials are more durable than others. Some, like impact-resistant roofing, reduce the risk of filing a claim substantially. For example, if you pay a bit more now for this type of roofing, the insurance company may not have to pay for hail or falling tree branch damage later. That saves the insurer money. It keeps your home safe.
In some cases, your home insurance company can help cover the damage to your roof now, as you consider buying a new product. Find out, with a roof inspection, if you need a roof replacement. Then talk to your agent to see if you qualify for a claim.
When Can You Get a Discount?
There are limits on when and how you can get a discount on your home insurance costs for roofing. Many companies offer these discounts. However, where you live can play a role in how much you save.
Also, most insurers set very specific guidelines on the type of materials that fit this requirement. Insurance companies typically will stay up-to-date on the new materials available and their safety ratings. They will qualify some specific brands or styles for discounts. Others, however, might not.
It is important to speak to your home insurance company about the type of roof you plan to install prior to doing so. Be sure it is a qualified roofing material for a discount. Do not assume this from what your roofing company or the manufacturer states. Instead, verify the information with your agent before you invest in it. This can help to make a big difference in what you end up paying.
Also Read: Can a Leak Detection System Reduce Home Insurance Claims?