How Does My Roof Age Impact Home Insurance?

The age of your roof can play a significant role in determining your home insurance premiums and coverage options. Insurance providers typically view older roofs as higher risks due to their increased likelihood of damage from weather events, leaks or structural failure. As a result, the older your roof, the more it can affect your policy.

The Relationship Between Roofs and Homeowners Insurance

Most insurers consider roofs over 20 years old to be at higher risk. If your roof is nearing or past this age, your insurer may require an inspection before renewing your policy. In some cases, they might limit coverage to actual cash value (ACV) rather than replacement cost value (RCV), meaning depreciation is factored into any payout. This could leave you covering a significant portion of repair or replacement costs out of pocket.

On the other hand, a newer roof, especially one made of durable, impact-resistant materials, can lead to lower premiums. Some insurers even offer discounts for roofs that are less than 10 years old or have been recently upgraded. These savings reflect the reduced risk of claims due to storm damage or leaks.

Maintaining your roof and keeping records of repairs or replacements can also help during the underwriting process. If you’re planning to replace your roof, consider materials that are favored by insurers, such as metal, slate or architectural shingles, which offer better longevity and resistance to damage.

Learn More

The age and condition of your roof are key factors in your home insurance costs and coverage. For more homeowners insurance guidance near you, contact R.M. Price Insurance Agency.

This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.