Just In Case: Insurance Coverage for Residential Roof Damage

residential roofingThe cost of acquiring residential property in Vancouver, as well as a number of other locales in the Lower Mainland, for that matter, can be a hot button topic. A detached house in most communities no longer sits in the $300-400,000 price range, instead demanding much higher prices and necessitating a sizably larger investment from first time home buyers or those looking for an upgrade. A home is a prime piece of capital that most people instinctively look to insure. The entire structure can be covered against many types of peril, bringing greater peace of mind to the homeowner.

However, the home insurance market is unusually murky when it comes to coverage concerning residential roofing. Policies vary from company to company, but there are some commonalities that greatly affect how residential roofing must be approached. Roof damage, maintenance level, and type of coverage all play directly into exactly what an insurance company will be willing to replace.

What does Insurance Cover for Residential Roofing?

In essence, insurance companies will usually lump together the roof with the coverage that protects the rest of the home’s exterior. Meaning that “acts of God,” vandalism, and other unforeseen accidents or occurrences are covered under most basic plans. An uprooted tree that crashes through a roof due to a major storm, for example, fits into this category. But more common occurrences, such as water damage due to heavy rain or overflowing gutters, may require additional tiers of coverage.

Roof Damage and Home Insurance Policies

The condition of a homeowner’s roof plays directly into whether further issues will be covered under the policy. Most insurance companies will ask about the age of the roof and its state of repair, which is taken into account when determining the resolution of a claim. If the roof is on its last legs, so to speak, a homeowner cannot wait for a major storm to then get an entire roof replacement on the insurance company’s dime. Some businesses will not provide coverage for a roof if it has deteriorated too far, since the likelihood of damage due to the disrepair would be too high.

residential roofingMany insurance companies will also not pay out a claim on a residential roof if water damage is caused by improper flashing or vent installation. The shingles and sealing may be in perfect shape, but if the rain finds its way through a flashing that was not properly fitted, the homeowner may be out of luck. Ensuring that the roofing company you hire is certified and has a good reputation can save a lot of money in the long run.

We all know that in the broadest sense, insurance means playing the odds. When it comes to the details regarding your residential roofing coverage, the key advice is: make no assumptions. Become familiar with the specifics of your particular policy and know what to expect in the event of roof damage.
vancouver-rooferAs a renovator Doug did many rot repairs which gave him a good understanding of where and why buildings leak, and how to prevent it. He realized the need for a different approach to roofing; one that educated the customer enough to make good decisions. With better trained installers and a quality inspection process Absolute Roof Solutions was born…” Read more.

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