Roof Talk with Doc Week 1 of 2021
Did you ever wonder about the different grades of shingles for your home?
Insurance companies offer policy discounts in the form of credits or reduced premiums for home upgrades that could minimize the need to file a claim as well as the dollar amount paid out for claims that do come through. Basically, it costs insurers less to reduce premium prices than it does to pay for damages and losses.
Some of these home improvement projects are expensive upfront, which means it could take years for insurance discounts to match what you spend on the upgrade. However, reducing the cost of your insurance is just one of the advantages of making the investment. A new roof or storm-resistant windows, for example, could save you thousands of dollars in damages in the event of a hurricane or hailstorm, while home security can stop a burglar in his tracks.