The Differences Between Roofing Material and How it Relates to Insurance

Impacts Premium RatesDid you know that you might be paying a higher California homeowners insurance premium than your neighbor simply because of the type of materials used to construct your roof? Yes, it is true. California homeowner insurance companies may charge you higher overall premiums based on the materials that make up the composition of your roof.

The logic behind adjusting insurance premiums because of the type of roof you may have is based on two things. First, an insurance company may adjust their rates because your roof is made of materials that are more or less susceptible to damage or destruction from fire or other types of hazards. Second, they may adjust the premium you pay based on the expected life of your roof and the cost to repair or replace that roof.

Steel, tile and slate roofs are usually the strongest and safest types of roofing material. Not only do they hold up very well in all types of weather, but they are also very fire-resistant or fire proof. These types of roofs are more expensive to install that a typical tar and shingle roof, but, they also can last for 30 years or longer before needing repairs or replacement.

Now it may be impractical to tear up your old roof and replace it with one that will get you a lower California home insurance policy, but, if your roof is old and needs to be replace, you might consider an insurance-friendly replacement.

Check with your California homeowner insurance company to see if the offer discounts on certain types of roofs. While it may cost you more to initially buy the materials and have your roof installed, you will be adding value to your home. Also, if you plan to stay in that home, you will have a nicer roof to enjoy and at the same time add to the value of your home.