Weather events can damage your home’s exterior, including your siding, roof, and windows. When this happens, what does your homeowners insurance cover? It is important to understand exactly what your policy covers for damage from unexpected events to ensure you are protected. The damaged materials will more than likely need to be replaced with new siding, roofing shingles, or windows and you’ll want the new materials to blend in and match the existing ones for a uniform look. This is where having a matching coverage endorsement on your homeowner’s insurance policy comes into play.
Why Do I Need Matching Coverage?
When your home is damaged due to a covered peril, such as wind, hail, or lightning, your insurance company decides whether to repair or replace the damaged materials. For example, if your siding was damaged by hail, the damaged portions of the siding will be replaced. Often though the exact same siding used on your home is discontinued especially if it is older siding. In this case, a different siding will need to be used and it may not match the existing siding on your home perfectly.
Matching coverage is an optional endorsement you can add to your homeowners insurance policy. If your policy includes matching coverage, the replacement materials will be exactly the same as the undamaged materials used on your home. If the manufacturer discontinued the materials and they are no longer available, your homeowners policy covers the cost of a complete replacement even to undamaged portions of the home to ensure your home’s exterior is aesthetically pleasing and maintains its curb appeal and value.
If you have questions about your homeowners insurance and adding a matching coverage endorsement to your policy, contact your agent at Zuber Insurance. We are here to help!