Home insurance covers your home and its belongings against named perils stated in your policy. There may be instances where the policy will cover your roof, but a lot will depend on what caused the damage in the first place.
Generally, roof replacement is covered in the event of damage caused by an act of nature or a sudden accidental event. However, the extent of coverage offered will depend on the terms of your policy and other factors such as the age of the roof and the material used.
Some common covered perils that may be included in a home insurance policy and may cover damage to your roof include:
Roofs over 20 years old have limited coverage available as they are more prone to damage and are most likely already worn out. In such instances, the roof may be covered for its actual cash value instead of its current replacement cost. On the other hand, if the roof is relatively new, your homeowners insurance policy will offer greater coverage and pay for its repair/replacement if it gets damaged by covered perils.
Note that in case the damage is caused by a lack of maintenance or wilful negligence, your insurer may deny coverage for the damaged roof. If you have questions concerning the extent of coverage, make sure to speak with your insurer, lest you be caught unaware and have to pay for the entire replacement/ repair cost out of pocket.
If your roof is damaged by covered perils, file a claim with your insurance provider to get reimbursed for the losses. The insurer will pay for your losses minus the deductible which you must pay out of pocket. If the expense can be covered out of pocket, do not file a claim for repairs. This will help lower your premiums and prevent insurance costs from rising unnecessarily.
At Falsken & Associates Insurance Agency, we offer tailored protection for your home and its roof, keeping it secure against uncertainties and liabilities. Contact us today to learn how we can help you secure your home in Camarillo, CA, and neighboring areas.