From hail storms to hurricanes, weather-related catastrophes continually drive up the cost of homeowners insurance. But there are also several ways to reduce your premium without switching carriers. Hiring a roofing installation company in Littlefield, TX to reroof your home is one such way.
Most insurance carriers offer policy discounts for up to 10 years after a new roof has been installed, regardless of the age of the home. The reasoning? Homes with newer roofs are less likely to lose shingles, leak or sustain other types damage-especially during storms.
Roofs in the Hail Belt-which runs from North Dakota and Montana down to New Mexico and Texas-can sustain substantial damage if the material isn’t impact resistant. In fact, some insurers add a surcharge for roofs constructed from wood shingles or other materials susceptible to weather damage. Hail-resistant roofing materials include:
- Fiberglass shingles
Insurance companies offer deep discounts for roofs that meet hail-resistant Class IV standards. Homeowners may need to provide a certificate from a roofing installation company in Littlefield, TX to qualify for the discount.
A word of warning: such discounts are sometimes accompanied with a “Cosmetic Damage Exclusion,” meaning if the roof isn’t leaking the insurance company won’t pay for repairs from hail storms. Be sure to read the fine print and decide if the potential coverage change is worth the monthly savings.
Another way to save money is to increase deductibles to match the dollar amount guaranteed in a roof warranty. This lessens the insurance carrier’s risk, without increasing your own risk.
Contact Us Today
As a premier roofing installation company in Littlefield, TX, Fortenberry Roofing Co. offers the highest quality roofing materials on the market and guarantees our workmanship. You won’t have to worry about an insurance claim being denied for improper installation. Call us at (800) 826-7234 to get a complementary quote on a new roof.