Replacing Wind-Damaged Vinyl Siding: What To Know

Although it’s very durable, attractive and low maintenance, vinyl siding can be seriously damaged by storms. In some instances, damage can be severe enough to warrant replacement. Here’s what you should know about replacing your vinyl siding, along with some tips for getting approval from your insurance provider.

Your Questions Answered

Powerful winds can batter a home with flying debris and hail. Many times, this can cause substantial damage or unsightly dents in vinyl sidings. With that said, many homeowners are hesitant to replace their siding because they either worry about the overall expense, think the new siding will stand out, or believe their insurance premiums will go up. To better understand your options, it helps to have answers to the following common questions:

Will My Insurance Rates Increase if I File a Claim?

Unlike auto insurance rates, which are based on your driving record, homeowner’s insurance is not based on your individual record. To determine your monthly rates, insurance actuaries look at the homes in a specific area and then determine overall risk. For “Act of God” accuracies such as storm, wind and hail damage, they won’t raise your individual rate for an approved claim.

What if I Can’t Find a Match?

When homeowners need to replace siding, it’s not always easy to locate new materials that match the existing panels. The original manufacturer might no longer make the same product; they could even have gone out of business. In those cases, a homeowner might consider re-siding their whole house — but they shouldn’t assume their insurance will cover all the work or materials. Check your policy or contact your provider to ensure that you get the best deal within that coverage. For instance, your policy may include an additional provision for re-siding your entire house, even if the wind or hail damaged one area only. If you don’t have this sort of provision, the adjuster might make an exception if the company has gone out of business. A supplemental claim might cover the cost of re-siding the entire house if an exact color match cannot be found. Approval of a supplemental claim will depend on the individual policy language and provisions.

How Do I Make a Claim?

It’s generally best to contact a highly rated contractor to provide you with an estimate before you begin making your insurance claim. The contractor and insurance company should give you similar estimates because contractors often use the same types of computer software as insurance providers to determine the cost of damages. Be sure to reach out to your insurance agent and not the actual insurance company. The agent can help you decide whether it’s a good idea to file a claim. After all, if you file too many insurance claims, your insurance company might consider dropping you. In most instances, this will be two claims within one to five years.

How Do I Find a Reputable Contractor?

First, always avoid out-of-town, storm-chasing companies. These disreputable enterprises offer great rates, but quickly leave town when the work is done. They also often take short-cuts on the job and use shoddy materials because they bank on not having to see the homeowner again. Only work with a local company that’s been doing business a while. Make sure they can provide references and have the expertise to help you with your insurance claim. Gather contact information and make sure the company has a local brick-and-mortar presence in your local community.

How Many Estimates Do I Need for My Claim?

Many homeowners mistakenly think they need three estimates to submit a claim to their insurance companies. In reality, you only need one. Find a local contractor who can work with your agent to make sure the insurance claim is complete, protects you against fraud, and will cover all the damage-related costs. Founded more than 20 years ago, National Home Improvement helps Colorado homeowners protect their largest investments by assisting with essential home improvements and repairs. Whether you need help deciding the best strategy for a home repair project or assistance with an insurance claim, our experienced team can provide expert recommendations and unrivaled service. Contact us today to learn more.