In coastal Virginia, where the weather can be unpredictable, having a sturdy roof is more than just a matter of comfort—it’s a crucial line of defense against hazards like rain, hail, and wind. For residents navigating the complex world of homeowners’ insurance, understanding the intricacies of roof coverage is incredibly important.
There’s one common misconception, however, regarding roofs we hear from homeowners daily. Many homeowners mistakenly believe that a roofer’s promise of a 50-year warranty or a “lifetime guarantee” translates to an insurance coverage lasting just as long. Sadly, insurance companies carefully evaluate multiple factors before determining premiums and coverages on your home:
Age:
Insurance carriers set guidelines based on the age of the roof. Typically, most carriers will reject roofs that are over 20 years old. Some carriers will reject houses with roofs that are 10 to 15 years old, while others, like Progressive, won’t accept roofs as low as 4 years old.
Condition:
Beyond age, the condition of the roof plays a pivotal role. Insurance companies not only look for existing damage but also consider factors such as proximity to trees and the presence of debris. Regular maintenance, including debris removal and shingle replacement, becomes crucial for homeowners.
Material:
The material of your roof significantly impacts its longevity and insurability. Asphalt roofs have a shorter lifespan, architectural shingles are preferred, while slate, although durable, may face restrictions from some carriers. Metal roofs, with their unique requirements, may not be accepted by all insurance providers.
Shape:
The shape of the roof is another factor that homeowners might overlook. While gable roofs are common, hip roofs are considered better for windstorms, a critical consideration in coastal areas like Hampton Roads.
It’s essential for homeowners to recognize that wear and tear are generally not covered under insurance policies. To safeguard their investment, homeowners should proactively care for their roofs—regularly removing debris, replacing damaged shingles, and addressing issues promptly. Even if homeowners believe their roof is in top-notch shape, an older roof may not meet the criteria set by insurance carriers.
At Goodrich & Watson Insurers, we are committed to empowering homeowners with the knowledge needed to make informed decisions about their roof coverage. Because when it comes to protecting your home, knowledge is the most reliable defense. Contact us today with any questions you may have about your homeowners’ insurance!
