- A roofing warranty can save you a lot of money if your roof is damaged.
- Make sure to read the fine print of your warranty so you know what is and isn’t covered.
- Common types of damage often covered under a roofing warranty include hail damage, snow damage, and ice damage.
- Be sure to ask about the warranty when you’re roof shopping.
- Be prepared to pay more for a non-pro-rated warranty.
- Check the duration of the warranty before you buy.
- Understand what services are covered under your warranty plan.
- Ask about transferring the warranty if you sell your home before it expires.
- Level Up Innovations LLC offers roofing and renovation services to customers in Prince Frederick, MD, and the surrounding areas.
When it comes to roofing warranties, there seems to be a lot of confusion about what is covered. You must know what services are covered under your contract to get the most out of it.
Most homeowners don’t know what is and isn’t covered under a roofing warranty. As a result, they often have to call their insurance company to file a claim for something that the roofing contractor should have taken care of.
When you get a new roof, the last thing you want to worry about is whether or not it will hold up over time. That’s why it’s crucial to choose a roofing contractor with a good warranty program in place. A comprehensive warranty can give you peace of mind that the manufacturer or contractor will look after any problems with your roof.
Level Up Innovations LLC will provide a comprehensive list of services typically covered under a roofing warranty. It will help you better understand your rights as a homeowner and prevent you from having to pay for something that should be taken care of by the roofing contractor!
What’s Covered Under a Roofing Warranty?
The first thing typically covered under a roofing warranty is the materials used in the roofing project. It includes the shingles, nails, and other materials used in the project. If any of these materials are defective, the manufacturer will typically replace them at no cost to the homeowner.
Another thing that is often covered under a roofing warranty is the installation of the roof. It means that if there are any problems with how the roof was installed, the contractor will typically cover the cost of repairs.
In addition to materials and installation, most roofing warranties also cover workmanship. Suppose there are any problems with the way the roof was installed or any defects in the workmanship. In that case, the roofing contractor will typically cover the cost of repairs.
One of the most important things that are covered under a roofing warranty is leaks. Suppose leaks are in the roof due to some material defect. In that case, the manufacturer will typically repair it without costing anything to the owner.
5. Wind, Hail, Snow, or Ice Damage
Damages due to act-of-god, such as wind, snow, ice, or hail, are often not protected under a roofing warranty. So, getting an insurance policy to cover the cost of repairs against these conditions is better.
Also, read our blog on residential roof hail damage to fix your roof if your roofing warranty doesn’t cover it.
Types of Roofing Warranties
1. Pro-Rated Warranties
A pro-rated warranty is a type of contract that protects a portion of the costs associated with repairs or replacement. The amount covered by the warranty decreases over time, typically concerning the age of the product. For example, a five-year pro-rated warranty on a roof may cover 100% of the costs during the first year, 75% during the second year, 50% during the third year, and so on.
Advantages of Pro-Rated Warranties
One advantage of pro-rated warranties is that they can save consumers money over time. For example, if a roof needs replacement after ten years but has a five-year pro-rated warranty, the consumer would only be responsible for 50% of the costs (assuming they purchased the roof when it was new). Additionally, pro-rated warranties often cover a higher percentage of the expenses during the first few years, when repairs or replacements are most likely needed.
Disadvantages of Pro-Rated Warranties
One disadvantage of pro-rated warranties is that they can be confusing for consumers. Additionally, suppose a product needs to be repaired or replaced shortly after the contract expires. In that case, consumers may pay more out-of-pocket than if they had purchased a non-pro-rated warranty.
2. Non-Pro-Rated Warranties
A non-pro-rated warranty is a type of warranty that does not decrease in value over time. This type of warranty typically covers 100% of the costs associated with repairs or replacement, regardless of how old the product is. Non-pro-rated warranties are more common than pro-rated warranties. They are often found on newer products or those with a higher purchase price.
Advantages of Non-Pro-Rated Warranties
One advantage of non-pro-rated warranties is that they provide peace of mind for consumers, as they know they will not be responsible for any repair or replacement costs down the road. Non-pro-rated warranties also tend to be simpler than pro-rated ones, as there is no need to keep track of how much coverage has been used over time.
Disadvantages of Non-Pro-Rated Warranties
The main disadvantage of non-pro-rated warranties is that they often have shorter durations than pro-rated warranties. Consumers may need to purchase a new contract or product sooner than they would with a pro-rated warranty.
Non-pro-rated warranties also tend to be more expensive than pro-rated warranties, as the companies offering them must recoup the costs of providing coverage for the entire duration of the contract. Pro-rated warranties are less common than non-pro-rated warranties and are often found on older products or those with a lower purchase price.
A final piece of advice is to keep good records. When the time comes that you need to use your warranty, you’ll be glad you have all the paperwork handy. Most contracts require the original owner to make a claim, so if you’re selling your home, be sure to find out about transferring the warranty to the new owners.
Doing your research before you buy a roof will save you time, money, and headaches down the road. Use this list of standard services covered under a typical roofing warranty to help make your decision. With a bit of preparation, you can be sure that your new roof is protected against defects and premature wear.
You can discover more about roofing warranties with Owens Corning – our trusted supplier.
Need Roofing Services in Prince Frederick, MD? No Problem!
If you need a new roof or just some repairs, we at Level Up Innovations LLC would be more than happy to give you a free estimate for our services. With years of experience in Prince Frederick, MD, we know what it takes to get the roofing job done right and ensure our customers are 100% satisfied with the result.
Contact us today to get started!