A storm is a weather event that can produce hail, high winds, and heavy rainfall. These events often cause roof damages to the home and will need to be repaired if they are not fixed quickly, these repairs could lead homeowners in Louisiana into spending thousands of dollars out-of-pocket.
Hurricane deductibles typically range anywhere from two to five percent of a home’s total insured value - so if a home is insured for $200,000 and has a five percent deductible, the first $10,000 must be paid out of pocket by the policyholder.
Your policy will have a limit on the amount of coverage. Your insurer is not obligated to cover any damage that exceeds this limit, so make sure you're aware of what your limits are before filing a claim for roof storm damages. Limits typically range between 50-100% insured value and can go higher or lower depending on your policy.
WHAT DOES LOUISIANA STORM DAMAGE INSURANCE COVER?
Generally, homeowners' policies will cover damage from wind and hail but not flooding. Flooding is covered by separate flood insurance issued as a part of the national flood insurance program.
How much coverage will I get?
The amount of roof damage covered is based on your policy's limits and the size of your deductible. The higher the deductible, the less money you'll have to pay out-of-pocket after a storm damages your roof - but with that tradeoff comes a higher premium.
HOW HOMEOWNER'S INSURANCE POLICIES COVER ROOF REPAIRS
Homeowners insurance typically pays for repairs to your home's exterior, including the roof. It is essential to recognize what this coverage does not include so you can understand if any of your interior needs are covered as well.
Things you should know about roof inspections, including the importance of getting one before a storm hits and what to expect. Upon the occurrence of a storm, you must have your roof inspected by an expert. If you are unsure when or how to get this done, keep in mind that homeowners insurance companies will require evidence of a recent inspection before they approve payment for repairs - so make sure to contact us now and schedule one!
WHEN YOUR INSURER WILL PAY FOR ROOF REPAIR COSTS
if you live in Louisiana and have a storm deductible on your policy of three percent, that means for every $100 spent repairing roof damage, you will need to pay an additional $30 out-of-pocket before insurance will kick in.
If you have a damaged roof, it's crucial to get a quick quote for the cost of repairing or replacing it. Many factors determine how much your insurance company will offer in financial assistance, and there is no way to know this without contacting them first. Insurance companies typically provide quotes for residential homeowners, but it is important to clarify how much assistance they are willing to provide before you incur any costs.
All you have to do is call or email your agent with the following information: – The date and time of the incident; – How much damage was caused by windstorms or other weather conditions; – A description of any damages. If your roof has been damaged due to recent storms, contact us to schedule an inspection today! We will send a professional out who is trained in residential roofing. We do a thorough inspection and give you an accurate estimate of the cost to repair your roof. We'll even help you with all of the insurance paperwork.
The best way to know if your roof is ready for the next hurricane or weather event is to have it inspected by a professional. Contact us to schedule an inspection!