Quote:
Originally Posted by kp11364
I'm not sure I'm following the logic here... so if you have a 10yo roof, Kin is only covering the value of a roof that is 10yo? If you have damage, they won't pay for putting on a new roof, only what a 10yo would be valued at? How do you put up a new roof that's 10yo? Recycled shingles?
|
It's very simple. If the roof is 10 years old and has an expected life of 15 years, they would reimburse you for 1/3 the value of the roof if you had an issue. Makes sense - why should the insurance company have to replace a consumable at full value? You were going to have to replace it at full value in 5 years anyway.