Does My Homeowners Insurance Cover Roof Leaks?
37376 POINTSview profileDavid G. Pipes, CLU®, RICP®Business Development Officer, T.D. McNeil Insurance Services, Fresno, CaliforniaThere are two parts to this question. Your homeowner’s policy will cover damage caused by a roof leak if it is the result of a “named peril.” You should read your policy or consult with your agent to determine if there is coverage. Frequently there is. The second part is the roof itself. If the roof leaked as a result of a “named peril” it could be a valid claim, however, many insurance companies do not replace a roof, rather they pay the “actual cash value” of the roof. That is the depreciated value of the roof.Answered on June 6, 2014flag this answer.png)
1844 POINTSview profileDavid W. ClausenChief Executive Officer, Coastal Homeowners Insurance Solutions, Rocky Point, NY 11778The resultant damage from your leak will likely be covered if it is caused by something other than wear & tear. Wear & tear is excluded under most homeowners insurance policies. If lightning strikes the roof and you have an Ho-3 insurance policy, it will cover the damage to the roof and the leak damage. Always check with your independent insurance agent for specific coverage options that your policy has.Answered on September 29, 2015flag this answer
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