New Roof? Here's How Much You Could Save on Home Insurance in NC
Just had a new roof put on your Durham home? Congratulations — you've made one of the smartest investments a homeowner can make. But here's something a lot of homeowners don't realize: a new roof isn't just good for your home. It can save you a significant amount of money on your home insurance every single year.
If you haven't re-shopped your home insurance since getting your new roof, there's a good chance you're leaving real money on the table.
Why a New Roof Changes Everything for Home Insurance
Insurance carriers in North Carolina are very focused on roof age when pricing home insurance policies. A newer roof means a much lower risk of water damage, storm claims, and structural issues — and carriers reward that lower risk with better rates and better coverage options.
When you replace your roof, you essentially reset the clock in the eyes of insurance companies. Carriers that may have been charging you higher premiums for an aging roof — or that may have been unwilling to write your policy at all — will now compete aggressively for your business.
How Much Can You Actually Save?
Every home is different, but Durham homeowners with newly replaced roofs commonly see savings of $200-$600 per year or more on their home insurance premiums when they re-shop after a roof replacement. The older your previous roof was, the bigger the savings tend to be.
Here's a realistic example. Say you've been paying $1,800 per year on your home insurance and your roof was 18 years old. You replace the roof. When we re-shop your policy across our network of 18 carriers, we may find options at $1,300-$1,500 per year for the same or better coverage. That's $300-$500 back in your pocket every year — which adds up to $3,000-$5,000 over the next decade.
Better Coverage, Not Just Better Rates
A new roof doesn't just lower your premium — it also improves the quality of coverage you can get. With an older roof many carriers will only offer actual cash value coverage, which factors in depreciation when paying a claim. That means if your 18 year old roof is damaged in a storm, the insurance company pays you the depreciated value of an 18 year old roof — not what it actually costs to replace it today.
With a new roof you'll qualify for replacement cost coverage, meaning if something happens the carrier pays the full cost to repair or replace your roof at today's prices. That's a massive difference when it comes time to file a claim.
Don't Wait to Re-Shop Your Insurance
Here's a mistake we see Durham homeowners make all the time — they replace their roof and then forget to call their insurance agent. They keep paying the same old premium even though they now qualify for much better rates.
The moment your new roof is installed is exactly the right time to re-shop your home insurance. Don't wait for your renewal date. Call us right away and we'll get your policy updated and find you the best rate available based on your new roof.
What to Have Ready When You Call
To get the most accurate quote with your new roof, have the following information handy when you call us: the date your new roof was installed, the roofing material used (asphalt shingle, metal, architectural shingle, etc.), the name of the roofing contractor, and any warranty information on the new roof. Some carriers offer additional discounts for impact-resistant roofing materials, so if your contractor used Class 3 or Class 4 shingles make sure to mention that.
We Shop 9 Carriers So You Get the Best Deal
As an independent insurance agency in Durham, we're not tied to any single carrier. When you call us after replacing your roof, we shop your new policy across 18 A-rated insurance companies simultaneously — making sure you get the absolute best rate available for your home with its brand new roof.
Most Durham homeowners who call us after a roof replacement are pleasantly surprised by how much they can save. It's one of our favorite calls to get.
Just replaced your roof? Call us today at 919-322-3640 and let's see how much we can save you.