As homeowners, we are constantly seeking ways to protect our homes from the elements and minimize long-term expenses. In regions like ours with frequent hailstorms (Minnesota ranked 3rd in hail events in 2022) and severe weather conditions, choosing the right roofing material is crucial. While an impact-resistant shingle may have a higher upfront cost, they provide better home protection and can lead to significant insurance premium savings in the long run. In this blog, we’ll explore why impact-resistant shingles are a smart investment for homeowners in hail-prone areas and how they offer valuable returns on investment.
Understanding Impact Resistant Shingles
Impact-resistant shingles, also known as Class 3 or Class 4 shingles, are designed to withstand the harshest weather conditions, including hail, high winds, and falling debris. Unlike traditional asphalt shingles, they are engineered with advanced materials and technology that provide added strength and durability. These shingles undergo rigorous testing to meet industry standards for impact resistance, making them an excellent choice for homeowners seeking long-lasting protection. Check out this flyer from Malarkey Roofing Products to learn more about the testing that goes into Impact-resistant shingles.
Cost vs. Benefit Analysis
It’s true that impact-resistant shingles may have a higher upfront cost compared to traditional roofing materials. However, for homeowners living in hail-prone areas, the initial investment can lead to significant long-term savings and benefits.
- Better Home Protection: They provide superior defense against hail, reducing the risk of costly damage to your roof and property. By withstanding hail impacts without cracking or breaking, these shingles extend the lifespan of your roof and eliminate the need for frequent repairs.
- Insurance Premium Savings: The true value of impact-resistant shingles becomes apparent when considering insurance premium savings. Home insurance providers recognize the reduced risk of damage associated with these shingles and often offer substantial premium discounts to homeowners who install Class 3 or Class 4 impact-resistant shingles.
- Recouping Upfront Costs: On average, homeowners in hail-prone areas can recoup the higher upfront cost of impact-resistant shingles within five years. The combination of reduced maintenance expenses and insurance premium discounts makes the investment worthwhile.
- Varied Premium Discounts: Annual premium discounts for impact-resistant shingles can range from five to more than 30 percent. However, the exact savings vary among insurance companies and regions. It’s essential for homeowners to check with their carriers and compare the potential discounts before deciding on a shingle.
Making the Right Choice
Choosing the right shingles and finding the best insurance policy can be a complex process. Homeowners should collaborate with reputable roofing contractors who can guide them through the available options and ensure proper installation for optimal performance.
Additionally, it’s crucial to research insurance providers and their premium discount offerings for impact-resistant shingles. Obtaining multiple quotes from different carriers will allow homeowners to make an informed decision and maximize their savings.
For homeowners residing in hail-prone areas, investing in impact-resistant shingles is a prudent choice that offers both superior home protection and long-term financial benefits. While they may cost more upfront, the added durability, reduced maintenance expenses, and lower insurance premiums make them a cost-effective roofing solution. On average, homeowners can recoup the initial investment within five years, and the annual premium discounts can lead to substantial savings over the years.
Before deciding, homeowners should conduct thorough research, consult with roofing professionals, and check with their insurance carriers to determine the best impact-resistant shingle and policy for their specific needs and location. Embrace the peace of mind that comes with knowing your home is safeguarded against hail damage and enjoy the valuable returns on investment that impact resistance shingles bring.
Turn to the Pros at Shelter Construction
At Shelter, we perform free inspections and consultations. We will perform minor repairs during the examination to small damage that we find. Call us at 612-482-2069 or schedule an inspection today on our website!