10/01/2024

How Your Roof Affects Your Insurance: What You Need to Know

Your roof is one of the most important parts of your home, protecting you and your property from the elements. But did you know that your roof can also play a key role in determining your home insurance coverage and premiums? Whether you’re maintaining your current roof or considering an upgrade, it’s important to understand how your roof’s condition, age, and materials can influence your insurance policy. At Erion, we’re here to help you navigate these factors and find the best coverage for your specific situation.

Age of Your Roof

One of the first things a home insurance provider looks at is the age of your roof. Older roofs are more susceptible to damage, which can lead to costly claims. As a result, homes with older roofs often face higher premiums.

If your roof is approaching 15 years old or more, it’s a good idea to review your insurance policy. As brokers, Erion can help you assess your current coverage and explore options with multiple providers, ensuring you still have the protection you need without overpaying.

Roofing Materials

The materials used on your roof can also affect your insurance costs. Some materials, like asphalt shingles, are widely used and relatively inexpensive to repair or replace, making them a more affordable option in terms of insurance. In contrast, wood shake roofs may increase your premiums due to their higher fire risk, while metal or tile roofs could potentially earn you discounts for being more durable and resistant to severe weather.

If you’re thinking about upgrading or replacing your roof, consult with Erion and we can guide you through the options that might offer savings, while still giving you peace of mind.

Condition of Your Roof

It’s not just the age of your roof that impacts your insurance, but also its condition. Regular roof maintenance can prevent damage, prolong the life of your roof, and help keep your insurance premiums lower. Insurers may request an inspection if your roof is older, and they’ll note any issues like leaks, missing shingles, or general wear and tear. By keeping your roof in good shape, you’re reducing the risk of costly repairs and future claims.

Roof Design

Another factor that can affect your home insurance is the design of your roof. Flat roofs are more prone to water damage and may result in higher premiums, whereas sloped roofs typically drain water more efficiently, lowering the risk of leaks.

Replacing Your Roof

If you are considering a roof replacement, it’s the perfect time to review your insurance policy. New roofs often qualify for lower premiums, and you may even be eligible for discounts if you install durable, impact-resistant materials. In addition, a new roof may qualify for replacement cost coverage, rather than actual cash value, ensuring that you’re fully covered if you ever need to make a claim.

Before replacing your roof, reach out to your Erion broker. We can help you understand how your new roof will affect your coverage.

Roof Inspections and Regular Maintenance

Even if you’re not planning a roof replacement, regular inspections and maintenance are essential. Not only do they help prolong the life of your roof, but they also play a part in keeping your insurance premiums stable. Many insurance companies recommend - or require - periodic roof inspections, especially for older roofs, to assess any potential issues that could lead to a claim. Taking care of your roof today can prevent future headaches. 

Just Like Your Roof - We’ve Got You Covered!

At Erion, we’re committed to helping you maintain the right insurance coverage for your home, whether your roof is brand new or several decades old.

Need help navigating your home insurance as it relates to your roof? Erion Insurance can guide you through the process, ensuring that you’re fully covered and getting the best value from your policy. Contact us today to review your options and find the right coverage for your roof.