I’m looking for recommendations for insurance companies in Florida that are willing to insure a home with a 20-year-old roof, even if they don’t cover the roof itself. The roof is in good condition, but the owner plans to wait a few more years before replacing it. Any suggestions?
Does anyone know of an insurance company that would insure a home with a 20-year-old roof in Florida, even if they don’t cover the roof itself? There’s nothing wrong with the roof, owner wants to wait a few more years.
It can be challenging to find homeowners insurance for a property with an older roof, especially in Florida. Some companies may insure the home while specifically excluding coverage for the roof or placing limitations on claims related to the roof. Here are a few options to consider:
Shop Around: Different insurers have varying policies regarding older roofs. Reach out to multiple companies to see who might be willing to provide coverage.
Local Insurers: Some regional or local insurance companies may be more flexible with their underwriting guidelines compared to larger national companies.
Insurance Brokers: Working with a licensed insurance broker who specializes in Florida homeowners insurance could help. They can navigate the market and find companies that might be more accommodating to your specific situation.
Consider Policy Types: Some homes might qualify for a “limited coverage” policy, which could provide protection for the rest of the home while excluding the roof.
Roof Inspection: If the roof is in good condition, consider getting a professional inspection and potentially certification. Some insurers may be more willing to offer coverage with documented proof of the roof’s condition.
Florida’s Citizens Property Insurance Corporation: As a last resort, if you’re unable to find coverage through traditional insurers, you might explore getting coverage through Citizens, which is the state-backed insurer for those who cannot find other options.
It’s always advisable to read the policy details carefully and ask about any exclusions or limitations concerning the roof.