Is Damage to My Roof Covered

Roofs Covered:

Yes

Underwriting Restriction:

Yes

Roofing Details:

Underwriting restrictions that may result in an exclusion for roof damage would include but are not limited to condition, design, installation, upkeep, age, existing damage or defects, and the number of layers of roofs.

What Will I Have to Pay?

(My Out of Pocket)

Your deductible. A deductible is the part (or amount) of the claim you're responsible for. Insurance companies will deduct this amount from any claim settlement amounts they pay to you or on your behalf. So if your insurance policy has a $1,000 deductible, that means you've agreed to pay $1,000 out of your pocket for the damage to your home.

A deductible can be either a specific dollar amount or a percentage of the total amount of insurance. There are special deductibles that apply to certain types of claims; some deductibles are applied to specific parts of your home, like your roof. You can learn about the deductibles for your policy by looking at the declarations page or the front page of your homeowners' insurance policies.

Deductible - Policy or Specific

Roof damage is subject to the policy deductible. No separate deductible applies to roof damage.

Flat Dollar or Percentage

N/A

Deductible Amount Options

N/A

Company Determined Deduct

N/A

How Will My Claim Be Calculated

RCV, ACV OR FRC:

The policy offers replacement cost coverage or actual cash value coverage for the dwelling.

Options Determined by:

Depending on a broad set of circumstances the policyholder may have the choice of determining which loss settlement coverage they require or loss settlement may be determined by the company based upon the condition of the dwelling insured.

Criteria For Settlement:

Criteria utilized in determining loss settlement coverage include but are not limited to composition of shingles (Asphalt, Architectural, Wood, Slate, Clay Tile, Metal) in combination with the age of the roof (0-30 years, 30 years or over) and the condition of the shingles (cupped, burled, damaged, loose, missing)

Any Other Exclusions or Limitations

Missouri Amendatory Endorsement Page 1 - Definitions Section B. 14. Replacement Cost & 1. Actual Cash Value, Page 4 Item A.20 Metal Roof Coverings, Page 4 Item A.21 Matching