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
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 Value which applies to roof damage.
Options Determined by:
Settlement option is automatically determined by the policy.
Criteria For Settlement:
N/A
Any Other Exclusions or Limitations
Policy Loss Settlement Provision: When more than one layer of siding or roofing exists on insured property, we will pay for the replacement of one layer only. The layer to be replaced may be chosen by the policyholder. The payment will be subject to all other policy conditions relating to loss payment. Section I - Exclusions (Special Provisions): Cosmetic loss or damage, meaning any loss that is limited to the physical appearance of a metal roof surface. Metal roof means all metal roofing materials on a metal roofing system. For purposes of this exclusion, metal roof does not include the coverings of bay or bow windows. This exclusion does not apply when the roof overlay is a material other than metal.