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Why would my insurance company replace my roof?

Why would my insurance company replace my roof?

The purpose of home owner’s insurance is to protect homeowners against losses in their property’s value due to damage that is beyond their control. If you have hail damage, you have experienced a financial loss in that your original investment of a 20-year roof (for example) has now been reduced to a 5-10 year useful life span. Your insurance company will compensate you for your loss and replace your roof.

  • 8 Jul, 2013
  • Posted by admin
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