Does a new roof on your house lower your insurance deductible?
Short answer. It can. A new roof does not change your deductible automatically, but some insurers require higher wind and hail deductibles or limited roof coverage on older roofs and offer lower deductibles, replacement cost roof coverage or premium credits once the roof is new, so ask your agent to re-rate the policy after the work is done.
What a new roof can change
- Deductible options: some insurers offer a flat or lower wind and hail deductible only on newer roofs.
- Roof settlement: a policy that paid the roof at actual cash value or on a payment schedule may return to replacement cost.
- Premium: roof age is a rating factor, so the premium may drop.
- Insurability: more insurers will quote the home, which lets you shop.
How to get re-rated
- Send your agent the final invoice, the permit if one was issued, the warranty documents and completion photos.
- Ask in writing: with the new roof, what wind and hail deductibles are available, is the roof now at replacement cost, and what is the new premium?
- Ask whether impact rated shingles would qualify for an additional credit.
- Check the next renewal to confirm the roof year and terms were updated.
The deductible on the claim that paid for the roof
If the new roof came from a storm claim, you still pay that claim's deductible in full. A contractor cannot legally waive it in Georgia. Lower deductible terms apply to future claims, not the one in progress.
Is a new roof tax deductible?
Not on the home you live in; it adds to your home's cost basis instead. See roof age and insurance, wind and hail deductibles, and Robust Roofing's look at whether Class 4 shingles are worth it.