Is Damage to My Roof Covered
Roofs Covered:
Yes
Underwriting Restriction:
No
Roofing Details:
N/A
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
All Peril Deductible
Flat Dollar or Percentage
Flat dollar or percentage deductible options are available
Deductible Amount Options
All Perils = $1,000, $1500, $2,500, $5,000, $10,000, 1%, 2%, 3%, 5%. Wind/Hail = $1,500, $2,500, $5,000, 1%, 2%, 3%, 5%
Company Determined Deduct
Wood roof types require a minimum $5000 wind/hail deductible
How Will My Claim Be Calculated
RCV, ACV OR FRC:
Replacement Cost Value Actual Cash Value
Options Determined by:
Default to Replacement Cost Value unless Actual Cost Value is chosen
Criteria For Settlement:
N/A
Any Other Exclusions or Limitations
Subject to terms and conditions of the policy for covered perils.