Many people are happy enough to pay for their homeowner’s insurance but don’t put a lot of thought into it until they need to make a claim. In case something goes wrong with your home, you’re going to need that insurance to cover it, so it’s a good idea to learn as much as you can about your insurance policy now.
Roof replacement and bathroom remodeling experts at NorthWest Construction discuss a couple of the most important factors that affect your homeowner’s insurance with regard to your roof’s condition.
New Roof vs. Old Roof
If your roof is old and in a state of disrepair, don’t be surprised to pay a higher premium for your homeowner’s insurance. An old roof, especially one that already has water damage and leaks, can affect the inside of your home, so the chances of damage in many other areas are higher, thereby raising your insurance premiums.
A new roof, on the other hand, will protect your home from damage for a longer time. This is why your insurer is likely to charge a lower fee for insuring your home. Your home, from the siding to the ceiling to the basement, is far more protected from water damage.
If you’re in the market for a home improvement project, always put the needs of your roofing system first. Instead of spending money on a project that makes your home prettier, make sure you’re keeping it protected first. Invest in a roof replacement and lower your insurance premiums.
Maintenance
Procrastination can make your insurance premiums go up. If you don’t repair your roof at the first sign of a leak and the insurer sees the marks of water damage, they will think your home is high-risk, so they will raise your premiums. To prevent this problem, inspect your roof at least once a year. It’s advisable to do it more often, as well, such as every change of season, just to make sure nothing escapes notice and any impending issue is nipped in the bud.
Talk to us at NorthWest Construction regarding your roofing needs. We also offer other services, including kitchen remodeling. Call us today at (313) 277-7676 or fill out our contact form for a consultation. We serve clients in Farmington Hills, Livonia or Canton, MI.
