PROTECTING YOUR BIGGEST INVESTMENT
Although it may sound cliché, your home is, in fact, your biggest investment; that being said, comprehensive homeowner’s insurance is the best way to safeguard you, at least financially, from a multitude of events including fire, theft, and natural disasters that can impact your home. In certain instances, your homeowner’s insurance may even cover the cost of repairing or replacing the roof on your home; however, not all policies are created equal, and coverage will be based on the type of policy you have in place with your provider. For example, many policies have restrictions written into them that will preclude you from even filing a claim for roof damage.
HOMEOWNER INSURANCE AND RESTRICTIONS
What are some of the insurance restrictions? Well, there are a quite a few, many of which, will be based on where you live and the age of your home. For example, the age of your roof may play a significant role when it comes to filing an insurance claim; some policies will only cover the depreciated cost of a roof, leaving the homeowner responsible for the difference. Also, as with any other type of insurance, premiums are, in part, determined by the neighborhood you reside in; as a result, some policies will be more expensive than others and will have unique restrictions as well. Additionally, your homeowner’s insurance will obviously not cover any malicious damage to your roof. So, if you were considering purposefully damaging your own roof and filing a claim, such actions (aka this fraud) would result in a denied claim and possible legal repercussions.
WHY FLOOD INSURANCE IS A GOOD IDEA
When it comes to insurance policies, many homeowners have questions related to flooding, especially flooding that results in roof damage. Unfortunately, the answer to this question is not a straightforward as many would prefer it to be. In a case where your roof is damaged due to flooding, the damage would have to be considered an “act of God,” meaning that the flooding would have had to be unavoidable. This verbiage typically applies to tornados, torrential rains, and hurricanes, which is why it is a good idea to also invest in flood insurance. When it comes to your primary homeowner’s insurance policy, things like rain and hail may be covered, but there are certain factors that will have to be considered before a roof insurance claim is finally approved.
PROACTIVELY PROTECTING YOUR HOME
What are the best ways to avoid having to file a roof insurance claim, in the first place? As a homeowner, you would be best advised to
- Have a roof inspection done, preferably before the hurricane or winter season.
- Trim or remove tall trees that are in close proximity to your home.
- Replace roofing shingles that appear damaged.
FINDING THE RIGHT CONTRACTOR
As previously stated, your home is your biggest investment, and the best time to protect your home is before disaster strikes; however, despite our best intentions, some situations are unavoidable. Assuming you have confirmed with your insurance provider that your roof damage is covered, the next step in restoring your home’s beauty will be to contact a reputable contractor. As a homeowner, the onus is you to find a contractor who is skilled and can work with your insurance to complete the task of installing a new roof on your home. If you live in the Dallas area, J.R. Hayden Construction may be worth a call; they have received a 5-star rating on both Yelp and homeadvisors.com for their expert home improvement work, especially with regard to roofing.