Budgeting for the Cost of a Roof Replacement

roof replacement cost

Since your roof is necessary to maintain the integrity, safety, and curb appeal of your home, it’s critical to get a damaged or old roof replaced as soon as possible. Fortunately, with so many payment options, your roof replacement cost no longer needs to be a concern. Here are some ways you can pay for your roof replacement cost:

Your Homeowner’s Insurance

If your home’s roof has been damaged by strong summer winds, rain storms, sleet, or snow, it is quite possible your homeowner’s insurance policy will cover the roof repair cost. Contact your roofing contractor first to make sure that you have the grounds required to make a claim.  Then contact your insurance company to have an adjuster sent out to take a look at the roof, assess the damage, and let you know if it can be covered by your policy. Since your insurance company wants you to maintain your property, the approval and payment process is typically very fast.

Saving Up

There are many factors that contribute to the total of your roof replacement cost, including: the materials chosen, the size of your home’s roof, whether or not you want your garage done at the same time, and the angle of your roof.  Putting money away each month for the sole purpose of investing in a new roof is a doable way to budget for it. Note: this is only a viable option when repairs or replacement can be delayed.  If your roof has sustained serious damage, repairs may have to be done immediately.

Interest-free Financing

If you choose an established roofing company like Midwest Roofing, Siding & Windows, you can conveniently and easily finance the entire cost of your brand new roof through Synchrony Bank. To help our customers get the roof of their dreams installed immediately (instead of next summer!), we partnered with Synchrony to offer a no-interest finance plan if the loan is paid within 12 months! While there are other finance options available through Synchrony, paying your roof off within a year is just like saving up for it but you get to have it installed sooner rather than much later! The application takes just a few minutes to complete and we handle all the paperwork processing for you!

Contact Midwest Roofing, Siding & Windows for help with your roofing projects.

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