How much is the insurance deductible for a new roof?
Short answer. Your deductible for a new roof is whatever your policy says, not a share of the roof's price. Flat deductibles commonly range from $1,000 to $2,500, while Georgia wind and hail deductibles are often 1 or 2 percent of your dwelling coverage, which can be several thousand dollars. On a replacement cost policy, that deductible is usually your only cost for the insured roof.
Two common types
- Flat: a set amount, such as $1,000 or $2,500, used for most causes of loss.
- Percentage: a percentage of the dwelling limit on your declarations page. At 2 percent of $300,000, the deductible is $6,000 whether the roof costs $10,000 or $20,000.
Hail and wind claims, which are most roof claims in Georgia, use the wind and hail deductible if your policy has one.
What you actually pay for the new roof
- Replacement cost policy: your deductible, plus any upgrades you choose.
- Actual cash value or payment schedule: your deductible plus the depreciation the insurer does not pay.
- Code items without ordinance or law coverage: those items may be your cost too.
When you pay it
The insurer subtracts the deductible from its payment. You pay it to the roofer as part of the contract price, often near completion. A roofer cannot waive, absorb or rebate it in Georgia.
After the new roof is on
Send your insurer the installation date and product details. A new roof can improve how the policy values the roof, and some insurers lower premiums for newer or impact-rated roofs. That may also be a good time to reconsider your deductible.
See percentage deductibles, ACV vs RCV and can a roofer pay your deductible.