How A Roof Replacement Will Save Your Money In The Long-Run
Posted on: 24 May 2022Share
Besides protecting your family and assets, your roof adds to the aesthetics and value of your property. Ensure you always have a sound roofing system by always looking out for signs such as:
- Missing shingles
- Mold, moss, and fungi growth
- Curling shingles
- Unexplainably high energy bills
These symptoms often indicate that you need a new roof. Although a new roof may sound like an expensive endeavor, discover how investing in timely replacement helps you save money.
Save on Energy Costs
A new roof makes your home more energy-efficient since it can reduce your monthly energy bills. Here's how.
Facilitates Solar Reflection
Unlike most old, outdated roofing materials, a new roof enhances solar reflection, which is crucial during the hot season. If your old roof cannot reflect sunlight away, the surface will absorb the sun's heat and transfer it to your home. Consequently, your cooling system will be forced to work harder and consume more energy to maintain the desired temperatures.
Modern cool roofs have superior reflection capabilities to help you enjoy all the benefits of an energy-efficient system.
Most modern designs have useful vent systems to maximize ventilation and airflow to your space. Without proper ventilation, hot air will be trapped inside the attic, making your home extremely hot. This strains your cooling system, which explains the rise in energy bills.
With tons of roofing materials to choose from, selecting the most efficient option can be overwhelming. You need to factor in the ability to retain or keep heat away, while still making sure the design allows for vent installation. Consult a roofing expert who understands the basics of an energy-efficient roof (from the color to energy star rating) while helping you stay within your budget.
Lower Insurance Premiums
Quality roofing is among the main upgrades that can significantly lower your homeowner's insurance premiums. The insurer considers the probability of property damage and the likelihood that you will file a claim to determine your premiums.
For instance, if you have a leaking roof, there is a high chance of interior water damage that will prompt you to seek compensation much sooner. Similarly, if your roof is weak and outdated, it is less likely to survive high-impact storms and rainfall. An insurer will view this as a high-risk cover.
On the other hand, investing in new roofing materials with impact-resistant features make you eligible for insurance discounts. The insurer may also offer roof age discounts that favor homeowners with newer roofs. Speak to your roofing contractor to understand what you can do to enjoy more of these benefits.
A roof replacement may seem like an expensive investment but it can save you a lot in the long term. The amount you save on energy bills and long-term insurance premiums is undoubtedly higher than the upfront replacement costs.
For more information, contact a roofing contractor near you.