If your roof is over eight years old, it’s time to start paying closer attention—especially when it comes to your homeowner’s insurance. The reality is, that insurance companies are making it harder for homeowners to get full coverage on roof repairs, and waiting could end up costing you significantly more.

The Shift From 1% to 2% Deductibles

For years, 1% deductibles on homeowner policies were the norm. However, that’s rapidly changing. Insurance companies are now pushing customers toward 2% deductibles upon policy renewal, regardless of the roof’s condition or age. This shift means that if you don’t act soon, you could be stuck paying more out of pocket when the next storm hits.

The takeaway? If your roof is showing signs of damage—or even if it’s over eight years old—it’s crucial to get a roof inspection now while you’re still on the 1% deductible. Filing a claim today could save you from much higher costs down the road.

The Push for ACV-Only Policies

Another tactic insurers are using is shifting from Replacement Cost Value (RCV) to Actual Cash Value (ACV) policies. Under ACV, the payout for a roof replacement is reduced based on the roof’s age and wear. This means if you have an older roof, your policy may only cover a fraction of the repair cost, leaving you to make up the difference.

Our recommendation? If your roof has suffered hail damage, don’t wait. Get it inspected and take advantage of your current RCV policy before you’re stuck with an ACV policy that could leave you footing most of the bill.

Rising Premiums for Older Roofs

Insurance companies are also hiking premiums, particularly for homes with older roofs. In many cases, simply having a roof that’s eight years old or more can trigger higher premiums at renewal. On the flip side, homes with new roofs often qualify for lower premiums, and those with a “Class 4” UL hail rating can see even greater savings.

What should you do? If your roof is nearing the eight-year mark, getting a professional inspection is critical. Catching hail damage early can not only save you money on repairs but also lock in lower premiums with your current policy.

Call Dwell Roofing Today

Insurance companies are making it clear: they don’t want to pay for your roof replacement anymore. By increasing deductibles, pushing ACV-only policies, and raising premiums, they’re shifting more of the cost burden onto homeowners. If you wait until your renewal, you could be hit with higher costs simply for being a good customer.

Take control now. Call Dwell Roofing for a comprehensive roof inspection today. We’ll assess any potential damage, help you navigate your insurance claim, and ensure you’re getting the most out of your current policy. Plus, with our trusted expertise and high-quality roofing solutions, you’ll have peace of mind knowing your home is protected.

Don’t wait—protect your home and your wallet by scheduling an inspection with Dwell Roofing!