Roofs are a vital part of a home, just as the lung is to the body. However, most of us don’t give as much attention to our roofs as we should, most likely because we can’t see what’s going on up there.
Also, many homeowners don’t consider getting roof insurance because they’ve either had negative experiences with other insurance claims or do not know how roof insurance works.
So how does it work?
How does roof insurance work?
Roof insurance often comes as a part or clause of a homeowner’s insurance. So if you’re getting homeowners insurance in Indiana, the agent may offer you something involving roofs.
Roof insurance financially protects you such that when there is damage to your roof, you get compensation commensurate to the damage.
Such damages may involve fire, storms, and falling trees destroying your roof.
Insurance is known to present some issues, such as rising rates in car accidents or not covering as much as it ought to. However, roof insurance isn’t like that as it aims to keep a roof over your head when something happens, rather than directly taking money from you.
What makes roof insurance so important?
Knowing that roofs are the most exposed parts of a property, insuring your roof is one of the most important things you can do as a homeowner. The roof is the first thing that begins to deteriorate due to weather and age.
Knowing the occasional storms and rainfall occurring in Indiana, getting roof insurance at purchase should be on your radar. Get qualified roof inspectors to examine your roof at purchase to provide assessments and documentation to ensure speedy resolution when something happens. Roofs are expensive to replace. You don’t want to bear such a burden just a few months after buying an expensive roof.
Is roof insurance a must in Indiana?
Unlike for cars, roof insurance isn’t a must in Indiana. However, just as has been mentioned, it is advisable to get one to protect yourself financially in case of unfortunate events.
How to insure your roof?
It’s best to insure your roof during or after purchase. This is the best time for you or your roof inspector to assess and document its condition, which must be presented when filing an insurance claim.
There are typically two types of roof insurance, although this depends on the insurance company you’re working with. The roof insurance will often have a dwelling coverage for the structure regarding damage, whether severe or minimal. The other policy covers other specific components like sheds and garages. Usually, you’ll find that many weather damages are covered, including fire, storm, hail — and falling trees.
Roof insurance does not cover general wear and tear. That’s because they come with age, and that’s inevitable. No insurance company will insure you against what’s inevitable. A leaking roof due to aging shingles will not be covered, whereas one caused by hail will be. Always ensure you do your part to protect your home against damages, as that can help you extend your roof’s life and reduce your deductible.
Wrapping up
When getting your roof insurance, inspection is critical as before-and-after disaster documentation must be filed alongside your claim after an event. You can do the inspection yourself or get expert help.
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