4 Reasons To Replace Your Roof Before You Retire

Many people thoughtfully plan and save for retirement. However, big expenses, such as roof repairs and replacements, can hit at any time, including during retirement.

Expenses like these can completely change your financial status, but you can avoid this issue when you replace your roof before you retire. Keep reading to learn four reasons why you should do so.

You Can Avoid Costly Repairs During Retirement

As mentioned above, roof repairs are costly. While you can plan and save all you think you’ll need for retirement, it’s hard to anticipate big costs like this. 

The best way to avoid the major expense of a roof repair is to replace your roof before you go into retirement. This way, you’ll still have a steady paycheck coming in to make the replacement affordable and you won’t have to worry about repairs for a long time, if at all.

A New Roof Can Lower Your Energy Bills

A well-timed roof replacement isn’t just about avoiding large expenses during retirement. Updating your roof can also lower your energy bills, helping you save money during retirement. 

A new metal roof, for instance, will better reflect the sun’s rays, which reduces the surface radiant heat on your home. 

With less surface radiant heat to cool, your home’s cooling system won’t have to work as hard, meaning you’ll save money.

You’ll Enter Retirement With Peace of Mind

With a new roof overhead, you can enjoy peace of mind in retirement since you’ll know you won’t need to make costly repairs and you’ll notice savings with your energy bill. A new metal roof can last over 40 years, so you can enjoy these benefits for years to come.

A New Roof Improves Home Resale Value

Some people choose to move once they retire. Whether or not you’re planning to move during this time, hiring a professional roofing contractor to install a new roof before you retire can increase your home’s resale value whenever you decide to sell. 

When you get more out of your home sale, you can continue to fund your retirement.

There are many reasons to replace your roof before you retire. With this big cost out of the way, you can relax during your retirement and even save money on your monthly expenses. 

Invest in a roof replacement and other costly home improvements before you retire to make the most of your retirement savings.

How to Get Insurance to Cover Your Roof Replacement

When you need your roof replaced, it can be a daunting task since you know getting a new roof won't come cheap. Rather than be stuck paying for your roof out of your own pocket, you will be smart to do all you can to make sure your homeowner's insurance policy pays for the new roof.

To ensure this is exactly what happens, here are some important steps you must take along the way.

Understand Your Coverage

If you have homeowners insurance and need your roof replaced, you may automatically assume it is covered. However, that is only sometimes the case. Unfortunately, not all insurance policies cover all types of roof damage. 

In fact, policies generally offer either repair coverage or replacement coverage. Because of this, you should always check over your policy to find out the specifics of what it covers.

Document the Damage

As you know, a picture is worth a thousand words when it comes to roof damage. By taking photos of your roof damage and sending them to your insurance company, you will have a much better chance of getting your claim approved for a roof replacement. 

If you are unable to document the damage yourself, contact experienced roofing contractors who can conduct an inspection and document the damage during their inspection.

Work with Reputable Roofers

To stand a much better chance of getting your roof replacement claim approved, it is always best to hire a reputable roofing company to conduct the inspection and perform the actual replacement. 

If you choose to hire a fly-by-night roofer, you may not only find your claim being denied, but also that the so-called "roofer" is nothing but a con artist who is preying on unsuspecting homeowners. 

If you have had a serious storm in your area recently that caused damage to your roof, be very aware of these scam artists.

Promptly Submit Your Claim

Once your roof suffers damage and needs to be replaced, don't wait around to file your insurance claim. If you do, this will make it much too easy for your insurance company to state that they believe the roof damage was not recent, which will result in your claim being denied. 

Once your claim is submitted, the insurer will have 15 days to make a decision about approving or denying your claim, so be prepared to be patient.

When you need a roof replacement, remember that this is why you have insurance in the first place. By using your coverage to its full advantage, you can soon have a new roof without paying one penny out of your own pocket.

How Much Does Replacing Your Roof Cost?

Your roof is one of the most critical structures in the house. It helps to preserve the integrity of materials both outside and inside the home. 

Each type of roofing material has its own expected lifespan, and replacing a roof can be a significant expense for the owner. Here are some important facts about the cost of replacing your roof.

Points To Keep in Mind When Considering A Roof Replacement

Generally, your home’s roof will last from 20 to 30 years, barring any major storm damage or damage from falling trees, but some materials last even longer than that. 

In some cases, a roofing repair will be enough to hold you over for a few more years, but eventually, you will have to have the materials replaced entirely to protect the structural integrity of your home. 

A new roof will increase the value of your home and is a desirable feature when you put your property onto the real estate market. Replacement roof pricing is generally done by “square,” which is a 10-foot by 10-foot measurement.

Asphalt Roofs

Asphalt roofing is the most economical and is found throughout the United States. Homeowners will pay about $150-$200 per “square” for a replacement. This price includes both the asphalt tiles and roof underlayment material. This type of roof will last about 25 years.

Clay Tile Roofs

Residential roofing using clay tiles is most often found in the southern areas of the United States. It is a durable and attractive material for home construction. It is available in both flat and curved tiles. 

The average cost is for a roof replacement with clay tiles is $500-$800 per square. This type of material is more expensive, but it will also last longer than an asphalt roof, with most lasting about 50 years.

Slate Roofs

Slate is also used for home roofing. It provides a luxurious appearance and will last for over 100 years. You can expect to pay about $600-$1500 per square, or sometimes more in some areas of the country.

Metal Roofs

Metal roofing has become a popular option for the home. Steel roofing panels can be painted to match the house and can be repaired easily. You can expect to pay $300-$800 per square for a steel roof. However, copper roofing is more expensive at $1,500 per square.

As in any major home repair project, it’s always best to get a number of quotes from reputable contractors before signing on the dotted line. A good company with references in your area will complete the job in a reasonable amount of time and at a reasonable price.

New Roof: 4 Ways a Replacement Roof Will Save You Money on Heating Costs

Defective roofs may not stand rising temperatures over time. This will, in turn, lead to unexpected expenses on repairs. To prevent such a problem, getting a roof replacement is advisable. 

Since the roof is one of the major structural components of a building, it plays a role in maintaining a steady balance in indoor temperatures. Here are ways your new roof will help you save some bucks on heating costs.

Energy Star Shingles

Roof manufactures offer energy rated shingles which can help regulate heat in the attic. Additionally, the energy star rated shingles are highly reflective which means they expel heat away from the house. 

Upgraded shingles also offer resistance to wind ensuring maximum protection of the layers underneath. Replacing your shingles with energy rated ones will undoubtedly cut down the energy costs.

Hurricane Straps

During roof construction, the roof is fixed in several ways like toe-nailing, clipping or using hurricane straps. The fixing method depends on the age of your home, your builder’s skills, and your location. 

Since hurricane straps offer durability and strength, they are preferred for quality roofing. The straps secure the roof in right position preventing effects of extreme winds and hurricanes. 

Due to the strength factor, using hurricane straps prevents voids in the roof structure which allow excess heat into the framework of the building.

Proper Insulation

Like any other structural component of your house, your roof offers insulation. As time passes, the roof deteriorates and loses the insulation property. 

Metal roofing replacements, like that available from Leon Construction, offer added insulation which is much better assurance for long-term use. Metal roofing also is more of a guarantee against extreme weather conditions. 

Such roofing components last longer compared to shingles. Therefore, to ensure the effectiveness of your roof structure, you should replace it after a few years.

Underlayment Upgrade

When fixing shingles, roof specialists place a layer underneath known as the underlayment. The primary purpose of attaching the underlayment is to prevent moisture from accessing your house through the roofing structure. 

Over time, these products have improved with a guarantee to protect the home from water damage and excess heat. Additionally, the underlayment strengthens the roof structure and minimizes the need for routine roof repair.

Improvements in your roof structure can contribute to increased insulation, added protection and prevention from water damage. As a result, you can prevent the need to apply heating, cooling and ventilation systems to aid in balancing indoor conditions. 

This will, in turn, help to save on energy costs. Additionally, you can cut down on repair and renovation costs of defective roofs.