FAQ

It shouldn’t, but if it does, you can switch insurance companies once you have a new roof and almost assuredly get a lower annual premium. How is this possible you may ask? It is because insurance premiums are based on certain risk factors and once you have a new roof, you become a lower risk to insure. In fact, your current insurance company will typically lower your annual premium if you provide them with a statement of completion showing that you now have a new roof. You would think that they would automatically do this since they are already aware that you have a new roof, as they are the ones who approved it, but unfortunately it is not automatic. Like many things in life, if you aren’t privy to how things work, you will simply miss out on the savings you deserve!

Additionally, the way that premium increases for hail and / or wind damage usually occur is by region, not on an individual basis, according to the total loss incurred by any given insurance company in that given region. As previously stated, insurance premiums are based on certain risk factors, and since hail and wind damage are considered an act of God or out of your control, filing a claim for this type of damage doesn’t make you a higher risk to insure. Therefore, insurance companies don’t typically single out an individual policyholder for a premium rate increase when they file a claim for hail and / or wind damage unless you have made a significant number of claims in recent years. Any more questions about this, just fill out a “contact us” form and one of our qualified representatives will be happy to reach out to you to answer any questions you may have.