Modified Bitumen roofs are a flat-rolled roofing that is the cheapest type of roof. This is because there is not enough real-world data for insurance companies to understand the paint’s effectiveness. However, Florida homes near the beach may be subject to quick rust.įurthermore, painting your metal roof will not pass for most insurance underwriters. These roof types can last about 50 years, but insurance companies may require inspections sooner to see how the roof is aging. Metal roofs are typically the most expensive alongside tile roofs. The tiles simply protect the underlayment from the sun and weathering conditions. The actual roof covering is the underlayment. Tile roofs are typically made out of concrete or clay and are the most expensive.ĭue to their weight, most tile roofs can last about 40 years, but insurance can require replacement sooner depending on cleanliness, broken tiles, previous repairs, and leaks.Ī key to a long-lasting tile roof is continuous inspections and repairs to ensure broken tiles are replaced and roof leaks are solved quickly.Ī little known fact about tile roofs is the tiles themselves are not the actual roof covering. On the other hand, if you are looking to purchase a home with a dimensional shingle that is 15 years old, an insurance company may ask for replacement immediately depending on current conditions and life expectancy. These roofs tend to last about 17-20 years, so insurance companies may request a roof replacement then. They are thicker and have more than one layer of shingle for additional protection. These are the highest quality shingle roofs. If there are less than 5 years, the insurance company will most likely ask you to replace it. But yet again, it comes down to your inspections to tell the insurance company the roof’s life expectancy. Therefore, insurance companies are asking for replacement at about 15 years of age. Most three-tab shingles last 20 years max. The manufacturer suggests they can last about 20 years old, however, in Florida (near beaches especially), this is not the case. These are the cheapest shingle roofing material. Important Note: The ages below are just approximated and each roof should be inspected by a professional as each roof wears differently. In Florida, our common roof types are three-tab shingles, dimensional shingles, tile roofs, metal roofs, and modified bitumen roofs.Įach roof type has a different cost and life expectancy which we will explain below. So which roof should you look to purchase? Well it depends. But, the homeowner may see a higher insurance premium. Therefore, some people may obtain insurance coverage for a roof with less than 5 years of life remaining if the roof looks to be in good shape and without repairs. And your insurance agent is just the mediator between your insurance coverage and the actual insurer. Ultimately, the insurance underwriter has the final say. Side note: Your chosen home inspector will make the call as to life remaining on a roof. Florida Home Insurance Roof RequirementsĪccording to Tracy, for the most part, insurance companies will want to see at least 5 years of life remaining on your roof in order to supply home insurance. So, if you are looking to replace your roof, which roof is best for you and your insurance coverage? When should you replace your roof? Can you obtain insurance coverage on your current roof? These are all questions we are going to answer. The age, how it’s made, roof type, and estimated life all play a part in these inspections and can affect your insurance premium. Click the links to learn more about those inspections.īut, in each inspection, it asks about your roof. In Florida, we have the wind mitigation inspection which helps you save money on insurance and the four-point inspection which is required on some homes to obtain insurance. You can listen in or scroll below to read the blog. In this episode of Waypoint Real Talk, we sit down with Tracy Hampton from Key Palm Insurance in Pinellas County, FL to talk about how different roof coverings can affect your home insurance and how long you can expect them to last. If you are in the market for a new roof, you might be caught off guard by the different options available.
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