New Roof Guidelines for Homeowners

Due to the increasing numbers of insurance claims as a result of inclement weather, many insurance companies are changing the guidelines by limiting or declining coverage with older or wood roofs.  Beginning this year, some of these guidelines include:

• Composition over Wood Shake Shingles: 
•  no longer insurable
• Composition over Composition:
•  insurable up to 3 layers.  Top layer may be subject to Composition Age Guidelines
• Wood Shake Shingles: 
• 10 years or newer - insurable at full replacement cost with $1000 deductible
• 10-15 years - subject to higher deductibles
• 15+ years - subject to higher deductibles and Actual Cash Value Loss Settlement
• Composition: 
• 20 years or newer - insurable at full replacement cost with $1000 deductible
• 20 years+ - subject to higher deductibles and Actual Cash Value Loss Settlement

If you have any questions regarding your coverage or whether the guidelines have changed on your policy, contact your insurance agent today.