Why Insurance Companies Care About Roof Age
Roof age and condition can affect insurance pricing, eligibility, deductibles, inspections, and claim outcomes.
Personal Insurance
Insurance Education
Replacement Cost vs. Actual Cash Value
Replacement cost usually pays to replace property with new property of similar kind and quality, while actual cash value subtracts depreciation.
Personal Insurance
What Is Not Covered by Homeowners Insurance?
Homeowners insurance does not cover every loss, and exclusions such as flood, earth movement, wear and tear, and maintenance issues may apply.
Personal Insurance
What Does Homeowners Insurance Cover?
A homeowners policy commonly includes dwelling, other structures, personal property, liability, medical payments, and additional living expense coverage.