Hail causes about 1 billion dollars in damage to property each year, according to the National Oceanic Atmospheric Administration (NOAA). Furthermore, according to the National Insurance Crime Bureau, Colorado has one of the highest numbers of hail claims in the United States. Those statistics show how essential it is to make sure that your home is ready when the storms and other unpredictable events hit your home. The roof is one of the primary factors in the homeowner’s insurance premium, but we will work with you to look into the options to get the best coverage at a reasonable price.
Roof Types and Discounts
The most basic types of asphalt shingles are architectural and 3- tab shingles. If the impact resistance of the roof has a UL rating of 3 or 4, you will most likely qualify for a discount. If your roof is 10 years or older, some insurance companies will only give you actual cash value for your roof; however, it is important to have it insured at full replacement cost. Give us a call and we will look into possible options that will provide full replacement cost in the event that your roof is damaged.
Do you know the difference between your roof, and a roof on house down the street? Different types of roofs might carry different premiums, and there are potential discounts associated with some types of roofs. You need to know the costs associated with the current roof on your house, and also understand roof types for when you are looking for a house. T-Lock shingles are no longer in manufacturing, and most companies will not ensure these roofs. Wood shingles are not very common as they have a high fire danger, and they cost the most per year in insurance. Furthermore, clay tile roofs are susceptible to wind, but they typically provide great reductions in your homeowner’s insurance premium. If a house has a steel roof, the Homeowners insurance premium will most likely be low, but these roofs can be noisy unless they are coated. Obviously there are many elements to consider with a roof. Give your local Colorado Springs insurance expert a call today and we will help to get you the best coverage for your roof.