Siding And Roofing Restoration Coverage

Homeowners insurance may cover roof damage depending on what caused the damage.

Siding and roofing restoration coverage.

Hail damaged the red aluminum siding on two sides of mr smith s house. To avoid a future mismatch consider adding erie insurance s dwelling and other structures siding and or roofing restoration coverage to your home policy. The problem was this particular style of red siding is no longer available. But if the siding or roofing is simply not manufactured anymore or otherwise available it would.

Here are some things to consider when it comes to homeowners insurance coverage for a damaged roof. According to home advisor the 2020 national average a homeowner will spend on installing a new roof is more than 8 000. The homeowner insurance policy paid for the damaged siding. Hail damage claims often highlight the need for an under purchased coverage called siding or roofing restoration.

This coverage pays to replace the undamaged siding or roof if the damaged siding or roof is no longer available. Mr smith did not like that the new siding did. 10 000 coverage is the minimum available with a maximum of 30 000. In the event of a covered loss most homeowner policies would only provide coverage for the repair of the damaged area back to its original appearance.

Home policies only personal property replacement cost. Provides coverage up to 20 000 for the cost to replace any undamaged portion of certain types of siding or roofing when similar materials are no longer available to repair or replace the damaged portion of the siding or roofing. The endorsement is called the siding and or roofing restoration endorsement. This low cost option covers the cost to replace undamaged siding and or roofing when the same materials aren t available for the damaged portion though it doesn t apply.

The good news is in most cases your homeowners insurance does cover siding damage to your home but it s important to know exactly how your homeowners insurance policy handles siding damage and replacement coverage so you can ensure your siding is fully protected from unexpected events. It also only applies to vinyl or aluminum siding and or composition shingle roofing. That s why it s so important to have the right homeowners coverage for your roof.