Does homeowners insurance cover a new roof in Texas?
It usually covers roof damage from a sudden event named in the policy, such as hail or wind. It does not cover a roof that has worn out with age or was not maintained. How much the policy pays depends on whether it is a replacement cost or actual cash value policy, and your deductible comes first. Read your policy and talk to your agent if you are unsure.
What is usually covered
A standard Texas homeowners policy covers sudden, accidental damage from events such as hail, wind, falling trees, fire and lightning. It generally does not cover normal wear and tear, damage from neglect, or a roof that failed because of its age.
Some newer policies include limits worth reading about. A cosmetic damage exclusion may mean dents on a metal roof are not covered if the roof does not leak. Some policies pay less as a roof gets older, and many North Texas policies now have a separate wind and hail deductible, often a percentage of the home’s insured value.
Replacement cost and actual cash value
A replacement cost policy pays what it costs to replace the roof. An actual cash value policy pays that amount minus depreciation for the age of the roof, so an older roof may be paid at a lower amount. Your agent can tell you which type you have.
Many replacement cost policies pay in two parts. The first payment is the actual cash value, and the remaining depreciation is paid after the work is finished and the final invoice is submitted.
Your deductible
Your deductible is your responsibility under your policy. Texas Insurance Code section 707.003 makes it illegal for a contractor to pay, waive or rebate an insurance deductible, and your insurance company may ask for proof that you paid it.
How a roof claim works
It usually starts with a roof inspection to find out whether there is storm damage. If there is, you file a claim, and your insurance company sends an adjuster to inspect the roof. The adjuster writes up the damage and the estimated cost. If items were missed, additional documentation can be sent to your insurance company. Then the work is scheduled and completed.
In Texas, you can choose your own roofing contractor. Your insurance company may suggest one, but the choice is yours.
Related Questions
Will a hail claim raise my premium?
It depends on your insurance company, your policy and your claims history. Your insurance agent can tell you what to expect.
How long do I have to file a claim?
Filing deadlines vary by policy, so check yours. It is best to have the roof inspected soon after the storm.
Can I keep the insurance money and not replace the roof?
It depends on your policy and your mortgage. Depreciation held back on a replacement cost policy is usually only paid after the work is done. Ask your agent before deciding.
