Blackstone Exteriors

As a homeowner considering a new roof, one question that may come to mind is whether this investment will also translate to lower home insurance premiums. If you’re planning to get a brand new roof in hopes of cutting down on your insurance costs, here are some important things to keep in mind before you move forward.

Understanding How Home Insurance Rates Are Determined

Homeowners insurance rates are influenced by multiple factors, one of which is the condition and age of your roof. Insurers view a roof as your home’s primary protection against weather elements and potential damage. Therefore, the newer, more durable, and more damage-resistant your roof, the lower your perceived risk, which could lead to more favorable insurance premiums.

Factors That Affect Insurance Premiums With a New Roof

Investing in a new roof through a reliable roofing contractor could mean a more secure home and a decrease in your homeowner’s insurance rates. However, to qualify for any discounts or adjustments on your insurance premiums, several aspects of your new roof are taken into consideration.

• Materials – Using damage-resistant materials like asphalt, metal or slate could improve your roof’s durability and longevity, which insurers could reward with lower premiums.

• Roof Shape and Design – Specific roof shapes, such as a hip roof, might fare better in severe weather conditions than gable or flat roofs. A smart design choice, confirmed by your trusted roofer, could translate to insurance savings.

• Impact Resistance – Some insurers offer discounts for roofs that are rated for impact resistance, which requires using materials that meet or exceed industry standards for durability.

Getting Discounts for Your New Roof

To maximize the likelihood of lowering your insurance cost with your new roof, work with certified roofing contractors who can help ensure that your roofing project meets the criteria for any available insurance discounts. Furthermore, if certified inspectors deem your roof impact-resistant, you might qualify for additional discounts in certain states.

Communicating With Your Insurance Provider

After your new roof installation, you should inform your insurance provider promptly. Your insurer will likely request evidence of the installation, such as photos or documentation from the roofing contractor, to adjust your policy accordingly.

Roofing Upgrades and Maintenance

Maintaining your roof in top-notch condition by scheduling regular inspections and repairs with your roofing contractor is critical. Not only does it prolong the life of your roof, but it also ensures that your insurance premiums stay as low as possible. Remember that insurers may not offer lower rates if your roof replacement is a result of negligence or lack of maintenance.

Will Homeowner’s Insurance Cover a New Roof?

While investing in a new roof could lead to insurance discounts, it’s also important to understand the circumstances under which your homeowner’s insurance might cover a new roof. Typically, coverage is provided for roofs damaged by unpreventable and covered perils, such as storms, but not for deterioration due to age or wear and tear.

For the best chances of enjoying lower insurance costs, trust Blackstone Exteriors with your roofing needs. We have the expertise to not only guide you in choosing the best material for your roof but to also install and maintain it properly for years to come. Call us at (515) 720-2158 or visit our contact page to schedule an appointment.