You need a roof, and you’re wondering if your insurance company will pay for a roof replacement. The first thing you need to know is that normal wear and tear—including damage from normal wear and tear—isn’t covered by homeowner’s insurance.

What IS covered is sudden damage, such as from a fire, storm, or, in some cases, debris. Even if the damage to your roof is caused by a covered event, there is no guarantee that your insurance company will choose to replace the roof.

One of the goals of the insurance industry is to minimize payouts, so they may opt to offer to repair the roof rather than replace it.

Each insurance company handles things a little differently, but typically, it’s not simply a matter of them saying, “Yes, we’ll replace your roof.” Many insurance companies use a formula to determine how much of a payout you’re entitled to based on factors such as:

  • Age of the Roof
  • Type of Roof Materials
  • Condition of the Roof Prior to the Covered Damage
  • Size of the Roof
  • Geographic Location
  • Extent of the Damage

A few missing shingles may not even warrant enough of a payout to cover your deductible while more extensive damage will provide a payout large enough to cover all or part of your roof replacement.

If the damage isn’t extensive and the roof is fairly new, some homeowners choose to have quality repairs made rather than replacing the entire roof.

Will Your Premiums Go Up After Insurance Pays for a Roof Replacement?

Some homeowners hesitate to file an insurance claim for a new roof because they worry about causing their premiums to increase. It’s true that claims can cause a rate increase, but that doesn’t mean skipping the claim is the smart choice—especially for extensive damage.

Here’s why:

Some insurance companies raise the rates in the entire area after a significant storm causes damage throughout the region. These sweeping increases affect all of their customers in the area—even those who didn’t file a claim.

If a roof inspection shows the need for a roof repair or replacement should be followed by an insurance claim. That’s what you’re paying for, after all!

Contact Our Experienced Chicagoland Roof Replacement Professionals

Since 2001, D-Wing Construction has been the Greater Chicago area’s trusted choice for roofing replacements, inspections, and more. Call today for more information about our services or fill out our online form now to schedule a free consultation and accurate cost estimate.