Should I Tell Insurance About My New Roof? The Answer May Surprise You

If you're like most homeowners, you probably don't think much about your roof until there's a problem. But did you know that your roof is one of the most important parts of your home? It protects you and your family from the elements, and it can also add value to your property.

That's why it's so important to make sure your roof is in good condition. And if you're planning to replace your roof, it's essential to let your insurance company know.

Here are a few reasons why:

Your insurance premiums may go down. Insurance companies typically offer discounts to homeowners who have new roofs. That's because a new roof is less likely to leak or cause other damage, which can save the insurance company money in the long run.

You may be eligible for additional coverage. Some insurance companies offer additional coverage for homes with new roofs. This coverage can help you pay for the cost of repairs or replacements if your roof is damaged by a covered peril, such as a storm or fire.

You may avoid a claim denial. If you don't tell your insurance company about your new roof, they may deny your claim if you ever need to file one. That's because the insurance company will view your failure to disclose the new roof as a material misrepresentation.

How to Tell Your Insurance Company About Your New Roof

Telling your insurance company about your new roof is easy. Simply call your agent or visit their website and provide them with the following information:

The date the roof was installed

The type of roofing material used

The square footage of the roof

The cost of the roof replacement

Your insurance company will then review your information and determine if you qualify for any discounts or additional coverage.

Conclusion

If you're planning to replace your roof, be sure to let your insurance company know. By doing so, you can save money on your insurance premiums, get additional coverage, and avoid a claim denial.

Success Stories

Homeowner saves $500 on insurance premiums after installing a new roof.

Homeowner receives $10,000 from insurance company after new roof is damaged by a storm.

Homeowner avoids claim denial after disclosing new roof to insurance company.

Tables

Benefit	Description
Lower insurance premiums	Insurance companies typically offer discounts to homeowners with new roofs.
Additional coverage	Some insurance companies offer additional coverage for homes with new roofs.
Avoid claim denial	If you don't tell your insurance company about your new roof, they may deny your claim if you ever need to file one.

Step	Action
1	Call your insurance agent or visit their website.
2	Provide the insurance company with the following information:
3	The date the roof was installed
4	The type of roofing material used
5	The square footage of the roof
6	The cost of the roof replacement

Should I Tell Insurance About My New Roof? The Answer May Surprise You