Class 4 Roof Insurance Discount

Most insurance companies offer a discount on premiums for a class 4 roof which makes it more appealing.

Class 4 roof insurance discount. These 4 upgrades can lower the cost of your homeowners insurance opting for some voluntary upgrades not only reduces your risk but it can also save you as much as 35 percent on your policy. Here are 5 insurance discounts you can get just from your roof. Roof coverings that have passed the ul standard 2218 test are classified by ul as either class 1 2 3 or 4. However a class iv roofing system can typically save you 10 27 of your premium for the year.

Class 4 rated shingles will typically last longer and will do better in a hail storm. A homeowner with the lowest resistant rated roof class 1 in a part of the state with the least hail would only get a 1 discount. Call your agent to find out how much of an annual discount you can receive and weigh that against the cost of the upgrade and future deductible payments. Home insurance discounts are currently available in the following states and provinces.

Premium reductions are not available for roofs other than qualifying metal roofs which have been overlaid onto existing roofs. Class iv insurance discounts saving money on your homeowner s insurance premium is no easy task and often its one of those pay now or pay later situations. Impact resistance has to do with the shingle s impact resistance to hail. Fm and be rated as a class 1 2 3 or 4.

You probably need to look for a new insurance company if your discount is only 300 unless you have a very small home. Do not sign any waiver to your insurance company. Class 4 shingles cost a roofing contractor on average 25 30 per square more than simple 30 year laminate roofing. Many companies offer discounts if you re roof is resistant to hail damage.

Over time you can recoup your initial investment. Approved laboratory roof class location ul class 1 2 3 and 4 tx only. In some states provinces use of qualifying impact resistant roofing products may qualify for significant premium discounts. A class 4 shingle is rated as an impact resistant shingle.

Class 4 roof covering is the most impact resistant roof and receives the highest premium discount. But for a homeowner using class 4 materials in that portion of the state that regularly gets pelted with hail at least 6 times a year the discount was a whopping 35 annually.