What to Do When Your Insurance Company Wants to Cancel Due to an Older Roof
As a homeowner, receiving a notice from your insurance company about the cancellation of your policy due to an aging roof can be alarming. However, it’s a more common issue than you might think. Insurance companies view older roofs as higher risk, leading to potential policy cancellations or non-renewals. But don’t worry—there are steps you can take to address this situation effectively. In this blog post, we’ll explore what to do when your insurance company wants to cancel because your roof is older.
Understand Why Insurance Companies Care About Roof Age
Insurance companies see older roofs as a liability because:
- Increased Risk of Damage: Older roofs are more likely to suffer damage from storms, leaks, and general wear and tear.
- Higher Claims: A damaged roof can lead to expensive claims, not just for the roof repair, but for potential interior damage as well.
- Maintenance Concerns: Older roofs may indicate neglect in overall home maintenance, increasing the insurer’s risk.
Steps to Take When Facing Cancellation
- Review Your Policy: Start by reviewing your insurance policy to understand the specific reasons for the cancellation. Look for clauses related to roof age and maintenance requirements.
- Get a Professional Roof Inspection: Hire a licensed roofing contractor to inspect your roof. They can provide a detailed report on the condition of your roof, which can be used to negotiate with your insurance company.
- Document Maintenance and Repairs: If you’ve maintained your roof properly over the years, gather documentation of any repairs, inspections, and maintenance. This can show your insurance company that your roof, despite its age, is still in good condition.
- Consider Roof Repairs or Replacement: If the inspection reveals significant issues, you may need to invest in repairs or even a roof replacement. While this can be costly, it will not only help in retaining your insurance but also increase your home’s value and safety.
- Seek a Second Opinion: If you disagree with the initial inspection or your insurance company’s assessment, get a second opinion from another roofing professional.
- Communicate with Your Insurance Company: Provide your insurance company with the inspection report and maintenance documentation. Discuss the findings and any steps you’ve taken or plan to take to address the roof’s condition.
- Shop for New Insurance: If your current insurer is unwilling to work with you, start looking for a new insurance provider. Some companies specialize in insuring older homes and may offer policies that suit your needs.
- Consider Roof Certification: Some roofing contractors offer roof certification services, which provide a guarantee on the roof’s condition for a certain period. This can be presented to insurance companies as evidence of your roof’s reliability.
Preventing Future Issues
To avoid facing similar issues in the future, consider the following preventive measures:
- Regular Inspections: Schedule regular roof inspections to catch and address issues early. This proactive approach can extend your roof’s lifespan and demonstrate responsible maintenance to your insurer.
- Proper Maintenance: Keep your roof clean and clear of debris, trim overhanging branches, and promptly repair any damage.
- Upgrade Materials: When repairing or replacing your roof, consider using high-quality, durable materials that can withstand harsh weather conditions and have longer lifespans.
Conclusion
Receiving a cancellation notice from your insurance company due to an older roof can be stressful, but it’s important to stay calm and take proactive steps. By understanding the reasons behind the cancellation, conducting a professional roof inspection, documenting maintenance, and communicating effectively with your insurer, you can address the issue head-on. If necessary, be prepared to invest in repairs or a roof replacement to secure your home’s protection and maintain your insurance coverage. Remember, a well-maintained roof not only satisfies insurance requirements but also enhances the safety and value of your home.