Roof damaged by hail? Your homeowner insurance company may no longer pay to replace it.
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Homeowner Insurance tip from Hometown Realty
Homeowner insurance companies have figured that out, too, and they’re looking to cut their losses by limiting your roof coverage. Hail-related claims increased 84% between 2010 and 2012, according to the National Insurance Crime Bureau.
How to Know if Your Insurer is Out to Cut Hail Claims
- Look for changes like these in your renewal policy:
- Refusing to cover roofs over a certain age (like 10 years).
- Adding a separate hail deductible that’s subtracted from what you’re paid on a hail claim.
- Excluding cosmetic damage like dents in metal roofs, siding, or copper trim.
- Doing roof inspections that note the condition and age of your roof before issuing a policy.
- Not covering roofs made from obsolete shingles. (You can’t buy replacement shingles for patches.)
- Doing partial roof repairs instead of replacing your whole roof (possibly leaving you with a patch that’s a different color than your original roof).
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