Installing a new roof represents a significant financial investment. Depending on the size of your home, you’ll spend between $5,435 and $11,156 to have a new roof installed.
Beyond square footage, there are other variables that drive the cost of a new roof. For example, there’s a broad price difference between asphalt shingles, wood shakes, metal, and clay tile. The type of underlayment you choose also determines the final price tag.
Many homeowners forget to consider another essential component of roofing projects—the roofing warranty.
Read today’s post for some key points you’ll want to know about the warranties available for your roof project.
What Does a Roof Warranty Cover?
When it comes to roofs, you want one that will last. That is why choosing the roofing materials for your needs is vital. It is also essential to have a reputable company install them on your home.
Another item to include when preparing for your roofing installation is to research what types of warranties are included and what they cover.
Choosing the best materials and the right contractor and fit your budget can feel overwhelming. With only three basic types of warranties available, ensuring you have the best protection for your new roof is much less daunting.
Here are the three basics:
- Standard manufacturer’s warranty
- Workmanship warranty
- Extended warranty
In short, the manufacturer’s warranty covers the roofing materials. Roofing contractors offer workmanship warranties to cover the installation. Extended warranties tend to be the most comprehensive and include coverage for:
- Roof system components
- Extended coverage for defective materials
- Workmanship beyond the contractor’s warranty
If you install a metal roof, you should have a roof paint warranty included in your installation package.
How long is a roof warranty?
According to experts at https://www.falconroofingco.com/, standard workmanship warranties last five years. The limited lifetime warranty offered by manufacturers usually lasts as long as you own the home. Extended warranties can last up to 50 years.
A Roofing Warranty Does Not Cover Every Little Thing
Even the best things in life aren’t perfect, and neither are roof warranties.
A roof warranty does not cover normal wear and tear, including the effects of everyday sunlight exposure. Nor does it cover the impact of weather damage or problems caused by a lack of proper maintenance.
A roof warranty may also include additional exclusions, such as lack of coverage for certain types of shingle materials.
At first glance, a roof warranty seems to make sense. After all, the last thing you want is a roof that wears out before the end of its useful service life.
Are Roof Warranties Worth the Investment?
Understanding roofing warranties is one of the most critical aspects of hiring a contractor and purchasing a new roof. Ask the following questions before hiring your roofing contractor:
- What materials does the warranty cover?
- Do I have the same coverage through my manufacturer’s warranty?
- How long will the warranty last?
- Is there an annual fee for continued coverage?
Having the answers to your questions and knowing your new roof is covered is the perfect recipe for peace of mind.
Ready to Start Your Roofing Project?
Buying a new roof doesn’t need to be stressful. Understanding your options, including the types of protection available, should minimize the stress. Roofing materials installed by a qualified contractor and a roofing warranty all work together.
For other tips on how you can have peace of mind while enjoying your home, check out the other posts on our site.