Does My Insurance Policy Cover Roof Damage?

HOMESITE | March 15, 2018

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The easiest way to know what's covered with your roof covering is to contact your insurance provider. Coverage will often depend on the age of your roof, the area you live in, and other important factors, so it's important to know the specifics of your policy. Most homeowner insurance policies will provide coverage for roof damage caused by unpreventable reasons such as vandalism or fire. Disastrous weather events such as hurricanes and tornadoes are also usually covered. Although wind, rain, and hail are covered by your home insurance policy, there are many factors that determine if your damage will be covered, and if so, how much you will be reimbursed. The same basics that apply to your roof may apply to your exterior property as well, which is considered as anything that is attached to the outside structure of your home, such as siding and gutters.

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dbn actuaries pty ltd provides actuarial advice and strategic insight to the private health insurance sector in Australia. With strong expertise in private health insurance, dbn actuaries provide various services which include industry analysis, Appointed Actuary role, Financial Condition Reports, product development and pricing, risk equalization, risk and capital management, strategic and business planning, financial and statistical analysis and demutualization, mergers and acquisitions.

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