Damage caused by hail is typically covered by homeowners insurance policies. Act now to make sure you’re covered.
Hail is an ``Act of God``
An “Act of God” is a term used to describe an event that is beyond human control, such as a natural disaster like a hurricane or an earthquake. Hail is considered an “Act of God” because it is a natural occurrence that cannot be predicted or prevented. As such, damage caused by hail is typically covered by homeowners insurance policies.
Hail Damage & Insurance Premiums
Insurance companies will generally cover damage caused by hail under the terms of a standard homeowner’s insurance policy. If you file a claim to repair the damage to your roof caused by hail, your insurance premiums should not increase as a result of the claim.
However, if there was a large hail storm in your area that affected a large number of homes, the insurance company may decide to raise premiums for all policyholders in the area to cover the increased costs of paying out claims. In this case, your premiums could increase even if you did not file a claim.
If you suspect that your roof has been damaged by hail, it is generally a good idea to file a claim with your insurance company. This will ensure that the damage is properly repaired, and it can also help to protect the value of your home. It’s important to keep in mind that you will likely need to pay a deductible before your insurance policy covers the cost of repairing the damage, so you should consider this when deciding whether to file a claim.
Roof Deductible
A roof insurance deductible is the amount of money that the homeowner is responsible for paying out of pocket before their insurance policy will cover the cost of roof repairs or replacements. For example, if a roof insurance policy has a deductible of $1,000 and the cost of a roof repair is $8,500, the homeowner would be responsible for paying the first $1,000 and the insurance company would pay the remaining $7,500. The amount of the deductible can vary depending on the specific details of the insurance policy.
Additional Points To Consider
- Tennessee is prone to the following severe weather: high winds, tornadoes, hail, excessive rain, freezing temperatures and high temperature fluctuation. All of these can affect the integrity of your roof.
- Tennessee is known to have frequent occurrences of golf-ball sized hail, and record hailstones have eclipsed softball size.
- As we stated above, generally rates do not increase when you file an insurance claim for hail or wind damage. The majority of our clients have not experienced a rate increase. If your rates go up, generally everybody’s rates go up by zip code or area.