The adage “an ounce of prevention is worth a pound of cure” definitely applies where the roof on your home is concerned. It will also save you a lot of money in the long run. Interestingly enough, you could see an increase in your homeowner’s insurance if your roof is 15 years old or older. Additionally, if your roof is 19 years old or older, that policy could be denied. Consequently, you could be spending money unnecessarily if you decide to replace it too quickly.
Granted, the decision to delay installing it could kill the purchase or sale of your home. Insurance companies will tell you it’s the only way you can protect your roof in the event of a hurricane. However, this is not entirely accurate. If you live in Florida and your home is damaged in a hurricane, you’ll have to pay a separate deductible. In most cases, this is 2% of your home’s market value. So, if your home is valued at $200,000, your deductible would be $4,000.
You may only need Repairs
In some instances, you can restore your roof’s appearance and function by replacing a few shingles. Naturally, you want to have the decking and underlayment inspected by a professional before making your final decision. There’s a huge difference between a major roof leak and having to replace a few shingles that were blown off in high winds. However, when the damage is extensive, the better value is always a replacement. Also, if you only need to replace a few shingles, do so immediately. Don’t try to do the repairs on your own but call in the professionals to get the repairs or replacement done. Hiring the services of a home insurance lawyer can help get the legal view about insurance compensation.
When is it Time to replace the Roof?
If a roofing specialist has recommended the replacement of your roof, there are several factors that have contributed to their decision including:
- age of your roof
- obvious damage from moisture or water
- quality of materials
- recent hurricane or violent storm damage
When the only option is a replacement, be sure you hire a reputable roofing contractor or company to do the work. This can have a huge impact on the outcome.
Florida homeowners that have experienced damage to their roof should be able to ask their insurance company to reimburse them for the cost of repairs or replacement. If your having difficulty with your homeowner’s insurance company, the attorneys at Korin Law, P.A. are here to help. Our attorneys can help you appeal their decision and get your claim approved either through the appeals process or other legal means.