The insurance company estimated total replacement cost of 13 000 and depreciation of 4000 and gave us a check for 7 000 depreciated value less deductible.
Roof replacement rest of the roof.
You re permitted to have two layers of asphalt shingles on your roof so if there s only one in place now you can have a new layer installed right on top.
We had hail damage to our roof and some window trim and have replacement cost insurance with a 2000 deductable.
Most asphalt shingles have a lifespan of about 15 30 years.
7 deciding factors to consider.
Functional replacement cost is the amount that it would cost to repair or replace the damaged roof with less costly common construction materials and methods which are functionally equivalent to obsolete antique or custom construction materials and.
Repair coverage usually takes into consideration depreciation of the roof.
This means you will get a percentage of the replacement cost based on the roof s material and age.
Replacing roof shingles is a long loud job.
Whether your roof replacement will take one day or three it will be very disruptive to your children and pets.
Some jobs can be completed in a day while others may take three.
But you also had to go on depreciating the building components you replaced along with the rest of the original structure.
Typically a new roof installation is a two day process but it depends on the size of your roof.
Replacement cost which pays to repair the damage to your roof without factoring in depreciation.
This would cause part of the roof to be new and the rest to be old and outdated.
Hammer a roofing nail on each side of the shingle five inches from the bottom edges and one inch from the side edge.
If only the outer roof covering membrane shingles etc was replaced but none of the underlying roof system it is not a restoration.
Overlap the shingles to cover the nails on the side edges and use roofing cement to cover the nail heads on the shingle at the end of the roof.
7 factors to consider in deciding whether to repair or replace.
A tree limb landed on my roof state farm only wants to replace or fix part of my roof about 1 3 of it and leave the rest alone.
That will save you as much as 1 000 and a fair bit of mess but it means the roofer can t inspect and repair the decking and flashing underneath.
If any load bearing structural elements including decking and sheathing were replaced that supported more than 40 of the roof the entire cost is likely a restoration.
Replacement coverage provides for returning the roof to a brand new condition when an event that is covered by the insurance policy takes place.