Your home’s roof plays an important role in maintaining its structural integrity. It must be sturdy and strong enough to protect your home from heat, cold, sleet, rain, snow, wind, and more. Over time though, your roof can deteriorate under these elements and require repair. When it’s time to repair your roof, the biggest question is often about the cost and whether it’s worth doing it now or holding on for a while.
Factors Which Influence the Cost of Roof Repair
There are several factors roofers consider when creating a cost estimate for repairing your roof.
The Age of Your Roof
The age of your roof will determine how easy it will be to match your existing roofing material. Older roofs can cost more to repair since your roofing contractor will find it difficult to source materials matching your current shingles. As a result, your roofer may tear off a larger portion of your roof to enhance aesthetics if you want your shingles to match.
The Scope of Repair
Unique rooftop elements, such as chimneys and skylights, can significantly increase the cost of a roof repair. Your roofer will need to work around these elements meticulously and add extra sealing materials to prevent leaks, which could increase the cost of labor and materials.
Extent of Damage
How much needs to be repaired, from surface area to how deep the damage goes, will affect the overall cost of repair. In addition to labor costs, roofing materials are sold by square footage. So, even if repairs are minimal, you might have to pay for an entire square (a 10 square-foot area). However, your roofer will advise you to keep the extra leftovers for future repair jobs.
The Timing of Repair
Roofing contractors often charge different costs depending on the season of the year. The peak season lies between late summer and fall. During these months, the cost of repair can soar since roofers have so much workload, and it might take longer to have your project scheduled. Roofing repairs done during slow seasons can cost much less.
When Insurance Covers Roof Repairs
Roof repair can be covered under your homeowner’s insurance depending on what caused the damage. More often, roof damages caused by a storm or other unexpected weather elements are covered by insurance. However, your roof must have been in good condition and properly maintained to be entitled to have the repairs covered by your homeowner’s insurance. Check with your agent to learn more about what is and isn’t covered under your policy.
Financing Roof Repairs
Depending on the extent of damage to your roof, some roof repair jobs can be quite costly. If you don’t have enough savings for roof repair, you can work with a roofing company who offers financing options. Established roofers usually partner with banks and other financial institutions to provide financing for roof repairs and replacements. Due to volume lending, roofing contractors are able to negotiate better rates and pass down the benefits to homeowners in terms of lower interest rates.
Always work with a local, trusted roofer with extensive experience in roof repairs to give you peace of mind you’re paying a fair price and getting exemplary work and service. Titan Siding and Roofing has been offering quality roofing services in the Greater Cincinnati area for several years. Contact us today to get a free estimate!