Do I Have to Pay a Deductible to Replace Hail Damaged Roof?

Do I Have to Pay a Deductible to Replace Hail Damaged Roof_
What Will Be Covered:

Do I have to pay a deductible to replace my hail damaged roof? If you are a home owner and your roof has been damaged by hail, the first question is whether or not it will be covered under your insurance. If it’s not, then you’ll need to pay a deductible before getting a new roof installed. 

The roof on a home is one of the most important aspects of protecting not only the interior from water damage, but also preventing leaks in other parts like ceilings. The decision to repair or replace must be carefully weighed against the cost for both repairs and replacements as well as time away from work during either process.

Another thing to consider as well is hiring the right roofing contractor in The Woodlands or in your area to help assist you with your insurance claim.

This blog post talks about what is required of homeowners in this situation and how to make sure that you don’t have any additional hidden costs with your insurance company.

Paying Your Insurance Company a Deductible

For those who are unaware of insurance claims, you as the homeowner may have to pay your insurance company a deductible when replacing a hail damaged roof or having a hail damaged roof replacement. 

hail alley map for hail storms
This map is originally from 4029 News. The red represents the most vulnerable areas for hail to occur.

In more hail storm prone areas such as the “hail alley” in states such as Colorado, Nebraska, or Wyoming, or cities such as Dallas, Houston, and St. Louis, paying a deductible to your insurance company may be required in order to fix any damages in your roof.

However, if your roof has recently been damaged by a hail storm, it is more common to replace the entire roof than spending money on endless repairs in the future. In this case, you will have to get your insurance to cover for the roof replacement minus the deductible that you have to pay.

For example if your insured property is valued at $350,000 and your deductible is at 2%, you may have to pay your insurance company $7000 in order for them to replace your roof.

You Can't Exactly Get Away from Paying Your Deductible in Texas

In states such as Texas, is it a MUST to pay your deductible according to Texas State Law HB 2102, you can read more about the law here.

Luckily, in the majority of policies you will be able to get discounts on your deductible by paying your premium annually or quarterly. Premiums vary depending on where you live and how many structures are insured per household.

It’s important that you read through all of the details of your homeowner’s insurance and the deductible before signing up so that there is no confusion when it comes time to file claims.

If your roof has been recently damaged by a hail storm (no longer than one year) then you may be eligible to get your roof replacement costs covered by the insurance minus the deductible.

A Cheaper Contractor Doesn't Mean a Cheaper Deductible

When looking for a roofing contractor, you may have heard that some offer to pay for your deductible, making the roof replacement essentially free, but not only is this risky, but it is illegal in states like Texas.

In the insurance world, the causes of property damage are called perils. Most homeowners insurance policies come with an “all peril” coverage that covers hail and wind damages, which in many cases are the number one reason for roof replacement. 

However this type of policy may not give you the right compensation if your roof needs more repairs to additions to be made.

Can I Reduce the Cost or Avoid Paying the Deductible All Together If I Find a Cheaper Contractor for the Job?

This is a common question that is asked and what we can tell you is that you will surprisingly not save any money by doing this. 

According to Texas Law, you must pay your deductible whether if you hire a cheaper contractor or decide to go with the most expensive bid. 

By finding a cheaper contractor for the job, you are only saving the insurance company money and increasing the risk of not having a proper roof installation.

What is Depreciation, Betterment, and RCV?

When you get your insurance claim for a new roof, generally what you’ll see is several columns with numbers that you may not understand.

On one column will be the RCV (Replacement Cost Value) and another with ACV (Actual Cost Value). For example, an average roof costs around $7,500 in Texas according to txroofingsolutions.com. In this case the RCV will be $7,500.

If your roof is expected to have a 30 year lifespan, and is completely destroyed by hail after 15 years, the ACV will be $3,250, thus the insurance will send you a check for depreciation (RCV minus ACV) for $3,250.

RCV stands for Replacement Cost Value. RCV is the current retail cost to replace your damaged items. ACV is the Actual Cost Value. For example, assume a roof in year 10 of an expected 20-year life is totaled by hail. 

The cost to replace the roof is $10,000 Then RCV would be 10,000 and the ACV would be $5,000 (10/20th of $10,000). The difference between the two, $5,000, is the depreciation which is additional funds you will receive. Generally, depreciation is paid after you submit a final invoice.

Does Homeowners Insurance Cover Hail Damage?

If you have hail damage to your roof, there are some things that can be done. The first thing is to find the right roofing to contractor to handle your situation. 

In many cases if a homeowner has loss coverage for their home’s exterior structure, including siding, windows and doors as well as the garage door opener but excludes their residential roofs from protection, those items would need separate policies with different deductibles applied so that costs associated with these damages could be covered by the homeowner insurances policy without getting into an argument over who pays what portion.

Homeowners insurance in most regions covers hail damage to the structure of your home. However, in areas where hail storms occur more frequently, such as Dallas, Houston, San Antonio, Oklahoma City, etc., insurers are more likely to limit their hail coverage or increase the cost of their policies to mitigate the higher risk.

If you’re located in a state or region where a higher percentage of properties are affected by hail, then check your policy for restrictions.

Events in Which You May Not Get Full Insurance Coverage

An increasing number of homeowners insurance policies, especially in regions disproportionately affected by hail, are including “cosmetic exclusions” for their hail coverage. This is also true for policies that offer only a partial roof replacement.

In this case, if you have hail damage on your roof and are being told by your insurance company that the policy does not cover the replacement of your roof because there is no structural damage or foreseeable damages to the roof they might only pay to repair what has been damaged cosmetically, if you’re in this situation and need a roofing company in The Woodlands, then call us right away at (281) 831-5955.

We can help make an appeal with the carrier on behalf of our clients who may be in this situation. We know how frustrating these situations can be so we want to tell you about a few things which might reduce your out-of-pocket expenses when replacing hail damages roof.

When determining the cost to replace a roof after hail damage, the insurance company will look at two main factors:

-The cost of materials for replacement.

-How much water has been absorbed by your home’s interior and exterior walls. If your roof has been affected by a hail storm and you immediately start to see leaks in your home, then this is where your insurance will have to pay you as the homeowner for a whole new roof to be installed.

Final Thoughts

If you’re wondering how to dispute with them about some other expenses which can be added on top, such as contractors’ fees or extra building supplies we recommend contacting us right away so that our team can help alleviate these concerns too.

Determining whether or not your insurance company will pay you as the homeowner for a full roof replacement on a hail damaged roof, is not always a guarantee.

I hoped you learned more in this article about whether or not you have to pay your deductible to replace a hail damaged roof, please like, comment, or share on social media so that we can keep posting more roofing blogs for you!

Share on facebook
Facebook
Share on twitter
Twitter
Share on email
Email

Leave a Reply

Your email address will not be published. Required fields are marked *

Our Services:

Susan Sellers
Susan Sellers
The Woodlands, TX
Read More
"I called Mr Happy House after reading the great reviews, and I was not disappointed! Mike and his crews are extremely professional and conscientious. They performed various outdoor repairs including power washing, repaired my Hardie Siding, repaired squirrel damage on the roof, and painted my entire house. Mike oversaw every aspect of the job and made sure everything was perfect. The price was very reasonable, and I will definitely be calling Mr Happy House for future jobs!"
Liz Blasingame
Liz Blasingame
The Woodlands, TX
Read More
"Mike has been great at getting our siding and trim repaired on the exterior of our house. He was very thorough and the completed work is fantastic."
Dior Xu
Dior Xu
The Woodlands, TX
Read More
"2nd time work with Mike and his wonderful crew. They worked so hard to paint our whole house perfectly. We are so impressed with how fast and how flawless they got the job done. We really appreciate all of them! Yay for Mike and Mr. Happy House!"
Ashley Donaldson
Ashley Donaldson
Spring, TX
Read More
"Mike was great to work with. He explained all that needed to be done to install a quality roof that would last. Had other quotes but other contractors were not as informative and did not include everything that was needed. Mike’s crew was courteous, did an excellent job and completed the work in a timely fashion. If you are not familiar with working with insurance adjusters be sure Mike meets with them when you set up a meeting. This was helpful in my case and made the claims process run smoothly. I am very pleased 😀 with his service and recommend him to my neighbors of which two have used him across from my home."
Bradley Faldyn
Bradley Faldyn
Spring, TX
Read More
"Mike and his crew are top notch. Honest and detail oriented. Customer satisfaction and high quality workmanship are outstanding!!! Very satisfied with our new roof!!!"
Mark Rodrigues
Mark Rodrigues
The Woodlands, TX
Read More
"My house needed new siding, soffits, and fascia. After seeing another job Mike had done, I requested an estimate. The pricing was fair to me, so he went to work. Everything was completed with Hardie products. The house was painted to my desires and I can honestly say I am more than happy. He paid great attention to the details and ensured the work was of the highest quality. The next time I need work done, I will be contacting Mr. Happy House."
Bradley Utz
Bradley Utz
Tomball, TX
Read More
"Very impressive! I needed to have my house roof replaced. I am very glad, very grateful, and very satisfied that I chose Mr. Happy House for this job in July 2018. The crew was thorough in planning, removing old shingles, hammering new ones, examining the roof for trouble spots and attending to them on-the-spot, and cleaning up as the work completed. Mike Monyak and his entire team are professional, attentive, fair, competent and courteous; they did exceptionally well what they contracted to do. I trusted my roof upgrade with Mr. Happy House and will confidently use this company as the need arises in the future."
Ken Baird
Ken Baird
Conroe, TX
Read More
"I had Mr. Happy House replace my wood siding with Hardy Plank Siding. Mike and his team did an excellent job replacing the siding and with the great paint job. They offered great suggestions and really paid attention to detail. I highly recommend Mr. Happy House! Nice job and thank you Mike and taam! Ken B"
Brittney Duffy
Brittney Duffy
The Woodlands, TX
Read More
"Mike with Mr. Happy House has been our go-to contractor in The Woodlands for 10-15 years. Hiring a contractor can be anxiety-provoking, but Mike is a true professional. It is always a relief knowing the work will be done right the first time. Mike also takes the time to listen and is very thorough in explaining what needs to be done and offering alternative options available. Over the years, we’ve been so happy with Mike’s services that we’ve hired Mr. Happy House for fencing, roof replacement, fascia and soffit replacement, rotted exterior window frame replacement, exterior house painting, pressure washing, and other home maintenance. If you’re looking for a professional, knowledgeable contractor, don’t hesitate to give Mike with Mr. Happy House a call!"
Misty Hanna
Misty Hanna
The Woodlands, TX
Read More
"Mike was awesome. He came out quickly, listened to what we wanted done and came back with a very comprehensive quote for us. He gave us the time we needed without being pushy to decided if this was the right move for us. He was upfront and honest about what needed to be done and the cost. He and his crew worked quickly, efficiently and did a great job. I highly recommend if you need work done to give him a call."
Jeremy C.
Jeremy C.
The Woodlands, TX
Read More
"Very great work, Mike has been very helpful in fixing the damages on the outside of my house and they have done a great job in painting my garage's exterior. Mike was able to answer all of my questions regarding the problems that needed to get fixed. Mr. Happy House has repaired the damages on my house and also made my house look very nice too. I will definitely recommend him my neighbors."
Mike Sorenson
Mike Sorenson
The Woodlands, TX
Read More
"I called Mike to help fix a leak in my ceiling. He diagnosed the problem and also quoted replacing the remaining aging wood we had on our house, as well as replace the chimney top. His quote was fair so we decided to knock it all out. His team is professional and finished the job quickly. He also fixed my fence gate and power washed my driveway, patio and sidewalk along with the house. I plan to use him in the future for other projects."
Previous
Next

Schedule a Free Estimate Today!

Susan Sellers
Susan Sellers
The Woodlands, TX
Read More
"I called Mr Happy House after reading the great reviews, and I was not disappointed! Mike and his crews are extremely professional and conscientious. They performed various outdoor repairs including power washing, repaired my Hardie Siding, repaired squirrel damage on the roof, and painted my entire house. Mike oversaw every aspect of the job and made sure everything was perfect. The price was very reasonable, and I will definitely be calling Mr Happy House for future jobs!"
Liz Blasingame
Liz Blasingame
The Woodlands, TX
Read More
"Mike has been great at getting our siding and trim repaired on the exterior of our house. He was very thorough and the completed work is fantastic."
Dior Xu
Dior Xu
The Woodlands, TX
Read More
"2nd time work with Mike and his wonderful crew. They worked so hard to paint our whole house perfectly. We are so impressed with how fast and how flawless they got the job done. We really appreciate all of them! Yay for Mike and Mr. Happy House!"
Ashley Donaldson
Ashley Donaldson
Spring, TX
Read More
"Mike was great to work with. He explained all that needed to be done to install a quality roof that would last. Had other quotes but other contractors were not as informative and did not include everything that was needed. Mike’s crew was courteous, did an excellent job and completed the work in a timely fashion. If you are not familiar with working with insurance adjusters be sure Mike meets with them when you set up a meeting. This was helpful in my case and made the claims process run smoothly. I am very pleased 😀 with his service and recommend him to my neighbors of which two have used him across from my home."
Bradley Faldyn
Bradley Faldyn
Spring, TX
Read More
"Mike and his crew are top notch. Honest and detail oriented. Customer satisfaction and high quality workmanship are outstanding!!! Very satisfied with our new roof!!!"
Mark Rodrigues
Mark Rodrigues
The Woodlands, TX
Read More
"My house needed new siding, soffits, and fascia. After seeing another job Mike had done, I requested an estimate. The pricing was fair to me, so he went to work. Everything was completed with Hardie products. The house was painted to my desires and I can honestly say I am more than happy. He paid great attention to the details and ensured the work was of the highest quality. The next time I need work done, I will be contacting Mr. Happy House."
Bradley Utz
Bradley Utz
Tomball, TX
Read More
"Very impressive! I needed to have my house roof replaced. I am very glad, very grateful, and very satisfied that I chose Mr. Happy House for this job in July 2018. The crew was thorough in planning, removing old shingles, hammering new ones, examining the roof for trouble spots and attending to them on-the-spot, and cleaning up as the work completed. Mike Monyak and his entire team are professional, attentive, fair, competent and courteous; they did exceptionally well what they contracted to do. I trusted my roof upgrade with Mr. Happy House and will confidently use this company as the need arises in the future."
Ken Baird
Ken Baird
Conroe, TX
Read More
"I had Mr. Happy House replace my wood siding with Hardy Plank Siding. Mike and his team did an excellent job replacing the siding and with the great paint job. They offered great suggestions and really paid attention to detail. I highly recommend Mr. Happy House! Nice job and thank you Mike and taam! Ken B"
Brittney Duffy
Brittney Duffy
The Woodlands, TX
Read More
"Mike with Mr. Happy House has been our go-to contractor in The Woodlands for 10-15 years. Hiring a contractor can be anxiety-provoking, but Mike is a true professional. It is always a relief knowing the work will be done right the first time. Mike also takes the time to listen and is very thorough in explaining what needs to be done and offering alternative options available. Over the years, we’ve been so happy with Mike’s services that we’ve hired Mr. Happy House for fencing, roof replacement, fascia and soffit replacement, rotted exterior window frame replacement, exterior house painting, pressure washing, and other home maintenance. If you’re looking for a professional, knowledgeable contractor, don’t hesitate to give Mike with Mr. Happy House a call!"
Misty Hanna
Misty Hanna
The Woodlands, TX
Read More
"Mike was awesome. He came out quickly, listened to what we wanted done and came back with a very comprehensive quote for us. He gave us the time we needed without being pushy to decided if this was the right move for us. He was upfront and honest about what needed to be done and the cost. He and his crew worked quickly, efficiently and did a great job. I highly recommend if you need work done to give him a call."
Jeremy C.
Jeremy C.
The Woodlands, TX
Read More
"Very great work, Mike has been very helpful in fixing the damages on the outside of my house and they have done a great job in painting my garage's exterior. Mike was able to answer all of my questions regarding the problems that needed to get fixed. Mr. Happy House has repaired the damages on my house and also made my house look very nice too. I will definitely recommend him my neighbors."
Mike Sorenson
Mike Sorenson
The Woodlands, TX
Read More
"I called Mike to help fix a leak in my ceiling. He diagnosed the problem and also quoted replacing the remaining aging wood we had on our house, as well as replace the chimney top. His quote was fair so we decided to knock it all out. His team is professional and finished the job quickly. He also fixed my fence gate and power washed my driveway, patio and sidewalk along with the house. I plan to use him in the future for other projects."
Previous
Next