How does hail damage insurance work?
A sample claim, step by step
Suppose the approved replacement cost of your roof is $15,000, the adjuster depreciates the 10 year old roof by $5,000, and your wind and hail deductible is $2,000.
- First payment: $15,000 minus $5,000 depreciation minus the $2,000 deductible equals $8,000.
- After the roof is replaced: the insurer releases the $5,000 of depreciation on a replacement cost policy.
- Total from insurance: $13,000. Your share is the $2,000 deductible.
On an actual cash value roof, payment stops at $8,000. On a roof payment schedule, the insurer pays a set percentage of replacement cost based on age. See ACV vs RCV.
What decides the replacement cost
The adjuster's estimate: roof size in squares, pitch, materials, accessories, labor and local pricing. If items are missing, such as drip edge, starter or steep charges, your roofer can submit a supplement, which raises the replacement cost and the payment.
What decides whether hail is covered
- Functional damage, not just cosmetic marks.
- A believable storm date with hail of meaningful size.
- Damage that is not wear, prior damage or poor installation.
- Reporting within a reasonable time.
Who handles what
You report and cooperate; the adjuster inspects and estimates; your roofer documents, supplements and does the work; your mortgage company may co-sign the checks. The filing guide walks through the full sequence.