For homeowners, having insurance is a great way to enjoy peace of mind, knowing they have something to fall back on should they suddenly fall victim to hail damage or other issues. However, insurance coverage means having to pay premiums, the exact amount of which is determined by several factors, starting with your roof.
Your Roof and Insurance Premiums
With your roof making up the majority of your home’s exterior, it plays a big role in determining just how much you have to pay for your insurance premiums. In particular, its age and condition are main considerations. The older your roof and the likelier it is to fail, the higher your insurance premiums will be.
Conversely, a new roof or a well-kept one can help keep your insurance premiums down because they paint you as a homeowner with lower risk of filing a claim.
Just How Much Can You Save?
Exact discounts will vary from insurance company to insurance company and state to state, but a roof replacement can cut your premiums by up to 20%. Sometimes, discounts are even higher for homeowners in areas that are particularly prone to hail or wind damage, and use specific mitigation measures like waterproofing or top-of-the line roofing materials.
Caring for your roof also pays because filing a claim can lead to increases in premiums. Repairs, replacements and maintenance might be seen as expensive, but they could save you a lot of money and inconvenience in the long run.
Goodrich Roofing is the expert to trust for all your storm damage restoration needs. Whether you’re dealing with hail or wind damage, you can count on us to restore your home to its former glory. To learn more about what we can do for you, simply give us a call at (505) 219-4450, or fill out our contact form. Ask us for a FREE quote today! We serve Albuquerque and the surrounding communities.