One of the biggest issues I see disrupting home sales lately is hail-damaged roofs that weren’t replaced within the timeframe allowed for insurance claims. Most insurance companies require a claim to be filed within two years of the storm. If a homeowner doesn’t act within that window, they could be in for a major financial hit down the road.
Here’s what often happens: A home goes under contract, the buyer orders an inspection, and the inspector finds hail damage on the roof. If the homeowner had filed an insurance claim after the storm, they likely could have had the roof replaced for just the cost of their deductible—typically a few thousand dollars. But because they didn’t have it checked right away, the claim deadline has passed. Now, insurance won’t cover the replacement, and with today’s skyrocketing roofing costs, the seller is left footing a bill that can range from $20,000 to $40,000 (or more).
To make matters worse, buyers may struggle to get homeowners insurance on a house with a damaged roof, making them hesitant—or outright unable—to move forward with the purchase. That means deals fall apart, homes sit on the market longer, and sellers are left scrambling to replace the roof out of pocket.
A Timely Warning for Steiner Ranch Homeowners
On April 9, 2024, a hailstorm hit many areas of Steiner Ranch. If your home was affected, it’s crucial to take action now. My advice? Have a reputable roofer evaluate your roof before calling your insurance company. A good roofer can tell you whether you have enough damage to justify a claim.
And if you think there’s even a small chance you’ll sell your home in the next five years, don’t wait—get the roof replaced while insurance will still cover it. It could mean the difference between a smooth home sale and a costly, frustrating delay.
If you need recommendations for trusted roofing professionals, feel free to reach out. Protecting your home (and your wallet) starts with taking the right steps today.
