Your home insurance is a significant annual expense. However, the type of roof covering your home directly influences the amount of your premium. Many homeowners don’t realize that a metal roof can generate substantial savings on their policy.
This article explains why insurers favour metal roofs, what discounts you can get and how to maximize your savings by combining durability, insulation and protection.
Why insurers prefer metal
Home insurance companies calculate their premiums based on the level of risk associated with your property. The roof is the first line of defence against the elements. As a result, its material plays a key role in the assessment.
A metal roof resists fire, wind, hail and snow much better than asphalt shingles. This superior resistance considerably reduces the risk of costly claims. Insurers know this and therefore adjust their rates accordingly.
In addition, a metal roof can last 50 years or more. A new, durable roof eliminates the risks associated with an aging roof. In Quebec, some insurers even refuse to cover roofs over 20 years old without a specific exclusion.
What discount can you expect?
Savings generally range from 5% to 35%, depending on your location and your insurance company. Several factors determine the exact discount you’ll receive.
- Age of the roof: a new roof generates a larger discount than an aging one. After installation, contact your insurer to have your coverage reassessed.
- Impact resistance: metal roofs rated UL 2218 (Class 4) offer the best discounts. This certification confirms that the material withstands hail impacts.
- Fire resistance: metal generally holds a Class A rating. This classification reassures insurers and may lead to an additional discount.
- Region: areas prone to storms, hail or high winds often benefit from higher discounts.
To get the best rate, ask your insurer which documents it requires. An installation certificate and proof of UL compliance are usually enough.
Insulation: an often-overlooked factor
Good insulation under your metal roof doesn’t just lower your heating costs. It also protects your home against damage that could lead to home insurance claims.
A poorly insulated roof encourages ice dams to form in winter. Water then seeps under the materials and damages ceilings, walls and the framing. This water damage is among the most frequent claims in Quebec.
By investing in adequate insulation, you prevent these losses. In fact, some insurers take your home’s overall energy efficiency into account when calculating your premium. A roof that combines durability and weather resistance sends a very positive signal to your insurance company.
How to maximize your savings
To get the most out of your home insurance with a metal roof, take a proactive approach. Start by calling your insurer before you even begin the work. Ask which materials and certifications qualify for a discount.
After installation, send the required documents promptly. Also, keep the invoices, the manufacturer’s warranties and the certificate of compliance. This proof makes it easier to reassess your premium.
In addition, consider combining several improvements. A home security system, better insulation and a certified metal roof can together generate cumulative discounts. According to the Insurance Bureau of Canada, homeowners who invest in prevention generally get better coverage terms.
Finally, compare offers from several insurers. Some value metal roofs more than others. An insurance broker can help you find the most advantageous policy.
Conclusion
A metal roof does much more than protect your home. It can significantly reduce your home insurance premium thanks to its resistance to fire, wind and hail. Combine this choice with good insulation and the appropriate certifications to maximize your savings. Before starting your work, contact your insurer to find out which discounts you’re entitled to.
Contact Metal Roof Canada today to get a free quote and find the right solution for your property.
