When most property owners think of a new roof, the first thing that comes to mind is the significant cost investment associated with this type of project. And while a roof replacement is indeed an investment, it can also help you save money in other ways. In this post, we’ll discuss some of the ways a new roof can actually save you money in the long run. Here’s a closer look:
5 Ways a New Roof Can Save You Money
1. Better Overall Protection
A new roof means new shingles, new underlayment, new flashing and more. When installed correctly, it represents a significant upgrade over your previous roof, which translates to better overall protection. Like everything, roofs have a shelf life. Conventional asphalt roofs tend to last for about 20 years before replacement is necessary – and in the latter years of their lifetimes, they’re also more likely to need a greater deal of maintenance and repair. In addition to representing an upgrade over your previous roof, new roofs also often come with advanced shingle technology. Consider this: In the 1990s, roof shingles only had a wind rating of about 65 miles per hour. Today, some shingles can rate for up to 130 mile-per-hour winds.
2. Homeowners Insurance Savings
If your roof is dated or not up to current codes and standards, it’s more likely that your home could incur damage from the next significant weather event. For this reason, your insurance company may charge you more on your homeowner’s premiums to insure your property. Therefore, it makes sense to put a call in to your insurance agent after you replace your roof, as you may be eligible for a reduced rate thanks to your upgrade.
3. Warranties and Guarantees
One of the nice things about working with a quality, credible roofing contractor on a new roof project is that a good company will stand behind its work. This comes in the way of warranties – often both on materials and labor. It’s unlikely that something is going to go wrong with a newly installed roof, but if it does, you’re likely to be covered by these warranties for any repair or replacement that’s deemed necessary.
4. Better Energy Efficiency
Higher wind ratings aren’t the only way that shingles have evolved over time. Energy Star-rated shingles are available today, which help reflect the sun’s rays and reduce the amount of heat that is able to enter your attic. This translates to cooler overall homes in the summer and less wear and tear on your HVAC unit. And this can also help reduce your energy bills. Furthermore, many homeowners opt to enhance their attic insulation with a new roofing project to really take advantage of the opportunity to improve home efficiency. Contact us today and ask us about the ways a new roof can make your home more energy efficient. You may even be eligible for a tax credit if you invest in Energy Star-rated shingles.
5. Peace of Mind
This one might be a bit of a stretch, but don’t underestimate the importance of peace of mind and having confidence that your roof will hold up when severe weather hits. A new roof that’s installed correctly should be able to stand up to inclement weather, meaning you can relax knowing that your home is protected. Worrying about things like severe weather can lead to anxiety, which can thereby lead to fear, lack of sleep, lack of concentration and other side effects. It’s easy to make the argument that you can indeed put a price on a lack of peace of mind – especially when it comes to certain aspects of your home.
Contact Us Today
For more information on how a new roof can save you money, contact SkyGuard Home. As a premiere roofing contractor in the Louisville area, we specialize in all types of roofing and jobs both big and small. Contact us today for an estimate and to learn more.