Do Insurance Companies Cover Metal Roofs? Quick Answer

When I replaced my aging asphalt shingle roof with a metal one, I wondered, Do Insurance Companies Cover Metal Roofs? This experience led me to discover that most do, due to metal roofs’ durability. In this article, we’ll explore the intricacies of insurance coverage for metal roofs, including their benefits and limitations. Our next focus will be on the general coverage policies that insurers follow for metal roofs.

Key Takeaways

• Most insurance companies in the US cover metal roofs.
• Coverage may include a discount for metal roofs’ durability.
• Exceptions exist, especially for cosmetic damage.
• Coverage duration can extend up to 50 years.
• Damage from specific perils like fire, wind, and hail is usually covered.

Do Insurance Companies Cover Metal Roofs?

Yes, do insurance companies cover metal roofs? Most insurance companies in the United States do cover metal roofs. They are seen as durable and long-lasting, which often leads to coverage that can extend up to 50 years. However, there are exceptions, especially for cosmetic damage from events like hail or falling tree limbs​​​​.

Insurance Coverage for Metal Roofs

General Coverage Policies

Most insurance companies in the United States recognize the benefits of metal roofs, primarily their durability and long-lasting nature. As a result, insurance coverage for metal roofs is common. Some insurers even offer discounts for homes with metal roofs, acknowledging their reduced need for repairs or replacements.

Limitations and Exceptions

However, it’s important to note that there are exceptions to this general rule. Certain regional or carrier-specific conditions may affect coverage. For instance, some insurers may not cover metal roofs if they are made of tin, or they might exclude cosmetic damage caused by events like hail or falling tree limbs.

Coverage Duration and Cost Implications

Insurance companies usually provide coverage for metal roofs for up to 50 years. This extended duration reflects the material’s longevity compared to other roofing materials like asphalt or wood shake. However, it’s worth noting that metal roofs can be more expensive initially than these other materials.

Damage Types and Insurance

Covered Perils

Insurance typically covers damage to metal roofs caused by specific perils such as fire, wind, hail, falling objects, vandalism, and theft. If the damage to your metal roof results from one of these covered perils, the insurance policy will likely apply.

Exclusions

It’s crucial to understand that general wear and tear or poor maintenance are not covered by insurance. If your metal roof collapses due to these reasons, the insurance company won’t cover the repairs. Additionally, coverage might be limited in specific scenarios.

Factors Influencing Coverage

Material and Quality

The type of metal used for the roof can influence coverage. For instance, steel or other high-quality metals are generally covered, but tin roofs might face some restrictions.

Regional Variations

Regional factors also play a significant role. In areas prone to specific weather conditions, such as heavy hail, the insurance terms might differ.

Understanding Insurance Coverage for Metal Roofs

Metal roofs, while being more durable and long-lasting than other types, can be susceptible to specific types of damage. For example, hail can cause considerable damage to metal roofs, potentially leading to the need for a separate hail insurance policy.

This is because hailstone can shatter a metal roof, causing extensive damage​​. Additionally, metal roofs may be more prone to wind damage and can be more expensive to repair, factors that some insurance companies take into account when offering coverage​​.

Cosmetic Damage Considerations

A key point to consider is that some home insurance policies may not cover cosmetic roof damage. This can be a surprise for many homeowners, especially considering that metal roofs are generally more expensive than composition shingle roofs. It’s crucial to ensure that your policy includes coverage for cosmetic damage if this is a concern for you​​.

The Longevity and Material of Metal Roofs

Metal roofs are typically made of durable materials like zinc, copper, or steel alloy, which can last between 40 to 70 years. Their fire-resistant properties and durability make them appealing to insurance companies. However, the initial cost of a metal roof might be higher compared to other materials, but the long-term benefits often justify this expense​​​​.

Financial Considerations

While a metal roof might not directly lower your insurance premium, it can be an additional expense depending on your circumstances. But it’s important to remember that metal roofs are fire-resistant and non-combustible, which can mitigate the risk of fire compared to roofs made of untreated wood shakes​​.

Metal Roofs in the Real Estate Market

Interestingly, metal roofs can increase the resale value of a home by up to 6%, compared to asphalt roofs. This is attributed to their superior storm protection and longer lifespan. Homeowners looking for a durable solution to protect their homes from wind and weather damage often prefer metal roofs​​​​.

Enhanced Protection in Extreme Weather

Metal roofs offer exceptional protection in extreme weather conditions, such as high winds, heavy snow, and hail storms. Their ability to withstand such conditions without significant damage is a major factor in their popularity​​.

Conclusion

In summary, metal roofs are generally covered by insurance companies, reflecting their durability and potential for fewer repairs. However, homeowners must be aware of the limitations and exceptions to this coverage, including the type of metal used and potential exclusions for cosmetic damage or general wear and tear. Always consult with your insurance provider to understand the specific terms of your policy.

FAQs on Metal Roofs and Insurance