Property insurance in Texas (and in most states in the US) continues to challenge the insurance industry – inflation, large weather-related claims, inconsistent weather patterns, material and labor increases have found their way into all our premiums. 2023 added another layer of complexity in Texas as many of the insurance companies tightened up restrictions on where and what kind of homes they want to cover. One of the biggest areas of focus (and rating factors) for property insurance is the age of our roofs. Many insurance companies are now requiring proof of roof age, this proof comes in several forms:
- Roofing Permit or Certificate (typically from a licensed roofer and/or roofing company)
- Paid receipt showing roof replacement (and scope of work done)
- Pre-purchase inspection (hold on to these if you have recently purchased a home)
- Roof Inspection completed within the last 6-12 months, including photos showing all sides of the roof
Knowing the age of roof and being able to provide proof will become more important as the years go on. Educate yourself on what to know about roof coverage or even filing a claim by clicking here: Insurance and your roof: What to know when buying a policy or filing a claim (texas.gov)
