Is My Roof Covered at Replacement Cost?
Use the free tool — InsureCompare FL
What "Replacement Cost" Means for Your Roof
Replacement cost coverage is supposed to pay to replace your roof with a new one, without subtracting for age or wear. Some policies instead pay "actual cash value," which factors in depreciation. Whether your roof gets one or the other depends entirely on the wording in your own quote or declarations page.
Why This Matters in Florida
Florida homeowners face hurricane risk, and roofs are often the most expensive part of a claim. The material available here does not include specific statutes, percentages, or dollar figures about roof coverage rules, so this page cannot state what any law requires. Always confirm current rules with your agent, carrier, or a licensed professional.
How to Check Your Own Policy
- Look for the words "replacement cost" versus "actual cash value" next to the roof or dwelling coverage section.
- Check if there is a separate roof schedule or endorsement that limits payment based on the roof's age.
- Note your hurricane deductible, since it is separate from your regular deductible and applies during hurricane events.
- If anything is unclear, ask your agent or carrier directly before relying on your own interpretation.
What InsureCompare FL Can Show You
You can paste your quote or declarations page into the tool. It will show you:
- What your hurricane deductible really costs, based on what is written in your document.
- Whether your roof appears to be covered at replacement cost, based on that same document.
- Suggested questions to ask your carrier if the roof coverage isn't clear.
- A comparison of Florida carriers, using what each one publishes.
The tool is free and available in English and Spanish.
What This Tool Cannot Do
This is not legal or insurance advice. It does not set or change your coverage or deductible — it only reads and explains what your own document already says. The comparison between carriers is based only on published information, so confirm current terms directly with each carrier. It is also unknown how long pasted documents are stored or where they go, so avoid pasting anything you consider sensitive if you are unsure.
What to Do Next
Find your homeowners quote or declarations page. Paste it into InsureCompare FL to see, in plain language, whether your roof is covered at replacement cost, what your hurricane deductible really costs, and how your carrier compares to others using published information. Then confirm anything important with your agent or carrier before making a decision.