More frequent severe weather, with increasing weather-related claims and rising construction costs, are affecting homeowners and insurers alike.
These factors have led insurance companies to change how they provide coverage to roofs. While changes to coverage or premiums are never easy, they can be necessary so that insurance companies can continue to stand behind your coverage when a loss occurs. They can also help maintain your coverage availability and keep your premiums more stable over time.
As a homeowner, planning ahead can help reduce unexpected out-of-pocket costs in the future. It can be helpful to:
- Budget and plan for an eventual roof replacement and/or your deductible.
- Understand your roof coverage before a claim occurs by scheduling a home policy review.
- Consider using durable or impact-resistant roofing.
- Maintain and inspect your roof from time to time.
See your insurance declaration page to review your deductible and roof age. If you would like to review your home insurance options, our team is here to assist you. We’ll walk you through the details so you can feel confident in your coverage. Schedule a personal consultation or call 1-800-279-4030.