Does anyone know of an insurance company in Florida that would 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 prefers to wait a few more years before replacing it. Thank you!
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.
Finding homeowners insurance for a property with a 20-year-old roof can be challenging, especially in Florida where insurers are cautious about potential claims related to weather damage. However, there are a few options you might consider:
Contact Local Agents: Reach out to insurance agents who specialize in Florida properties. They often have access to multiple carriers and might know of companies willing to provide coverage despite the age of the roof.
Shop Around: Some smaller or regional insurance providers may be more flexible regarding background coverage, even if they don’t cover the roof itself. Gathering quotes from multiple providers could yield some favorable options.
Insurance Types: Consider policies such as a “named perils” policy, which may exclude certain items like the roof but still provide coverage for the overall property.
State Programs: Look into the Citizens Property Insurance Corporation, which is Florida’s insurer of last resort. If you can’t find coverage elsewhere, they might be an option.
Inspection: If the roof is in good condition, consider hiring a professional for an inspection. A letter or report from a qualified inspector may help demonstrate to insurers that the roof is still viable.
It may take a bit of extra effort, but there are definitely options available. Good luck!