Many companies are now limiting replacement coverage on roofs to up to 15 years of age. After that, they are providing coverage only on an actual cash value (ACV) basis and are automatically applying a Limited Roof Payment Schedule on Homeowner renewals.

Also, many companies are now requiring a separate higher wind/hail deductible or even a percentage deductible, due to the increased claims in our area/state. Many companies are also applying a “cosmetic exclusion” to policies as well, which means they will not pay for repairs from damage that are purely for aesthetics only.

Always review your policy renewal and contact us if you have any questions regarding any these changes.