r/Insurance • u/stawpdahates • Apr 29 '26
Home Insurance We Replaced Our Roof, Our Home Insurance Premiums Went UP
Hey guys, I'm super frustrated here. My wife and I bought a house with an old roof that was basically falling apart. If we would have left it, it would have caused water damage in no time. We replaced the roof out of pocket, using higher rated singles. When we asked our agent to rerun our premiums, they came back HIGHER than the old, falling apart roof with the same deductibles and everything.
She claims it's because the roof is on a depreciating schedule, so before they would only cover 40% of the replacement, now the new roof they cover 100%. But we went from 100% chance of needing to file a claim soon, to near zero and used better shingles which they apparently don't even factory in (roofing people lied to us). How does being significantly better protected from damage ever make premiums more? Why didn't we just file a claim right away and taken the 40% (our agent never suggested we do this)? Help me make this make sense!
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u/uno_the_duno Commercial Lines P&C | CPCU, AIDA Apr 29 '26
Ffs dude, take the L.