Save Money on Homeowners Insurance by Upgrading your Roof

Are you in need of a new roof? Are you looking where you can cut expenses each year with your budget? Do you want to protect one of your biggest investments which is your home especially with hurricane season coming up in Tampa Bay? Consider looking at reducing your homeowners insurance by upgrading your current roofing. Here is information to help you make that decision.

Homeowners Insurance

NBC News reports that “insurance companies offer policy discounts in the form of credits or reduced premiums for home upgrades that could minimize the need to file a claim as well as the dollar amount paid out for claims that do come through. Basically, it costs insurers less to reduce premium prices than it does to pay for damages and losses.

Some of these home improvement projects are expensive upfront, which means it could take years for insurance discounts to match what you spend on the upgrade. However, reducing the cost of your insurance is just one of the advantages of making the investment. A new roof or storm-resistant windows, for example, could save you thousands of dollars in damages in the event of a hurricane or hailstorm, while home security can stop a burglar in his tracks”.

Upgraded Roofing

A new roof can be a significant and expensive undertaking. However, in Tampa Bay especially during hurricane season, a bad roof can cost you a lot. If your roof leaks, you’re likely have rotting wood and interior water damage in your home. If your roof is weak, hail and high-impact storms can break through and cause significant damage that will be costly.

Discounts for roof upgrades

NBC News explains that “insurers offer several types of discounts for roof upgrades. One is an impact-resistant roof discount for roofs that protect against lightning and hail. Another is a roof age discount, which applies to homes with newer roofs. Of course, the more your insurance policy costs, the greater the impact these upgrades will have on your savings. Experts stress, however, that even if homeowners don’t recoup every dollar spent, these upgrades are still valuable when it comes to risk reduction. Policy savings are a nice bonus, not the primary reason to add these protections to your property”.

Check with insurance company

“Before you make any voluntary upgrades, however, check with your insurance agent about how they will impact your policy coverage and costs. You may be required to use certain materials or meet specific certification standards to be eligible, and not all discounts are available in every state. To get relevant credits or premium reductions once you’ve completed a project, submit receipts or proof of purchase to your agent,” states NBC News.

According to, each insurance company has different requirements for what qualifies as a strong enough roof, so you might have to do some research before making any grand plans to get a new one. Don’t outsmart yourself and get a new roof to save money on home insurance only to have your plan backfire.

If you need to discuss roof options and pricing, contact No. 1 Home Roofing at 727-781-7663.

No. 1 Home Roofing is proud to deliver quality service to its clientele in local communities, and therefore has years of experience in re-roofing and patching flat roofing systems.

No. 1 Home Roofing is a family owned and operated roofing company conveniently located on US Highway 19 in Palm Harbor, Florida. We are dedicated to providing top quality workmanship and materials to ensure that your new roof is done right. We specialize in shingle, tile, and flat roof installation, repairs, and maintenance. Contact us for an appointment and/or estimate at 727-781-7663.

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No. 1 Home Roofing is a family owned and operated roofing company and are conveniently located on US Highway 19 in Palm Harbor, Florida. We are dedicated to providing top quality workmanship and materials to ensure that your new roof is done right. Your peace of mind is important to our family!

Contact Us

35753 US Hwy 19 N
Palm Harbor, FL 34684


License #: CCC1330253