Q&A: Should I Use My Homeowners Insurance to Replace My Roof?

Claim Approved for Roof Insurance

If you are a homeowner, you’ve probably been paying your homeowners’ insurance policy premium for years and, perhaps, have never even filed a claim. Situations like this can lead to some important questions, often involving major home repairs, such as roof replacements. This particular guide is sure to be right up your alley if you’ve been wondering if it’s worth it to file a homeowners insurance claim to have your home’s outdated roof replaced.

As you continue reading, you will find some frequently asked questions and answers that will help you figure out if filing a claim is the right move for you. Remember, the information that is provided here cannot replace a conversation with a local, Charlotte, NC-based insurance agent who works for your policyholder and understands the ins and outs of your personal policy.

How old does my roof have to be to qualify for a replacement?

There is not one answer to this question. Generally, homeowners insurance policies do not cover roof replacement simply because a roof is old. They will, however, typically cover replacement costs if the roof has sustained significant damage due to severe weather or other events.

If, for example, your roof is 20 years old, the odds are good that it has survived at least one massive hailstorm and, probably, numerous bad lightning storms. Therefore, it is likely quite damaged. If this is the case, the odds are good that you’ll be able to file a claim with your insurance agency.

What will happen if I’m interested in filing?

If you decide that you’d like to file a homeowners insurance claim to get your roof replaced, there are a couple of things you can expect to happen. The first is that your insurance company will send a claims adjuster to inspect your residence. He or she will be searching for damage that meets your policy’s coverage guidelines.

The other thing that should happen is a damage inspection of your own. The team at Hatch Homes will be happy to work with you to both inspect and repair your house once your insurance claim has been approved and you have received your payout. You will never be asked to sign on the dotted line until you’re ready to begin your project.

How much will I have to pay?

If your homeowners’ insurance claim for a new roof is approved, the answer to this question depends on your deductible. In most cases, people are required to pay their roofing contractors whatever their deductibles happen to be, at which point their insurance companies will pay the remainders of the bills. If, however, your claim is denied and you’ve already begun your roof replacement project, you will be responsible for the full costs.

Hatch Homes takes pride is performing high-quality roof replacement, whether or not you’re working with your insurance company. Our standards remain the same for every type of project, and you can rest assured that our primary goal is to make sure you and your family are safe and secure in your home for many years into the future.

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