Will Homeowners Insurance Cover Wind Damage To Roof?

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   David G. Pipes, CLU®, RICP®

   Business Development Officer, T.D. McNeil Insurance Services, Fresno, California

   Many insurers include amendments to the standard form.  The standard form might include damage from windstorm.  Your policy might be a “replacement” policy.  The amendment that you might find in the rear of the policy changes that.  It probably says that the company will only use actual cash value to settle a loss involving the surface of the roof.  This is actually reasonable as roofs do not last as long as the rest of the house.  A 20 year roof could have damage after 10 years and the company “depreciates” the roof and will make an adjustment that makes you “whole.”  It won’t pay for a new roof in most circumstances.

   Answered on March 7, 2014

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