is it possible to claim repairs/replacement for roof?

[Albert L.]

Hi folks, I had originally planned to replace my roof sometime this summer as it was getting old and was highly recommended by the inspectors when I purchasing last year. There had already been some minor leaks that had been repaired in the past so figured this was something I should do sooner than later. 

However, my friend mentioned that it may make sense to just wait till the roof gets damaged, then claim insurance so that I don't need to pay 100% of the repair/replacement out of pocket. 

I checked with my insurance agent and they had confirmed that this was possible, though I'm unsure to what extend they'd be able to cover. It'll depend on the damage of course and a visit by the insurance team to evaluate. 

Questions: 

1 - Has anyone chose to go this route and take the risk instead of just paying out of pocket to replace? 

2 - How bad can the weather in Cleveland really get to damage an old roof? 

3 - Are there any other factors I'm missing here as I'm considering these options? 

Really appreciate the help as always BP Cleveland. 

-Al

[Mitchell Litam]

@Albert L.

Hope all goes well.

Cant speak to 1. but how much would the roof cost if you had to pay 100% I would calculate the opportunity cost of what damage the leak could possibly do to the roofs and other areas it is leaking through. Doesnt sound like wear and tear would be covered so it would have to be a terrible wind storm so you may get stuck with paying it anyways.

I can speak to point 2. Cleveland can get very very windy. I know we talked about where your house is located and we do get some lake effect wind. It is supposed to rain all week and wont be sunny until Saturday.

Good luck my friend!