A damaged 10 year old roof will likely get coverage for a full replacement.
Roof replacement 20 years.
This means the replacement cost value minus your deductible.
Actual cash value will give you the depreciated value at the time of the loss on your roof.
15 000 cost of doe s roof ten years ago.
We offer replacement services for a variety of different roofing types including shingles flat top roofs clay tile roofs and more.
Certainteed landmark shingles cost 88 per square foot and last 15 20 years.
Example of acv vs.
If your policy is for rcv your insurance company will pay the replacement cost value of your roof at the time of a covered loss.
If you have a 40 year old roof there could be a problem even if it looks.
They will contact your insurer and press for more money to do the job right.
More from renovation repair.
Roofing plus has over 20 years of experience with roof replacement in san diego ca.
A 20 year old roof or older might only result in an insurer reimbursing you for what an older roof is worth at the time of the damage after decades of wear and tear.
After 15 to 20 years of keeping rain snow and squirrels out of your hair your roof likely will need to be replaced maybe sooner if you live in an area prone to bad weather.
For example if your roof is 25 000 new and is 15 years old on the date of a claim and the insurance company attributes a rate depreciation of 1000 per year on the roof then they will subtract the depreciation from the value of the new roof and only pay you the.