Metal Roof Home Insurance Discounts

The Benefit of a Metal Roof

Overtime, it is normal for a homeowner to see their home insurance rise. What most homeowners don’t know is that they could mitigate the increase by installing a metal roof. Aside from saving on heating and cooling, the next best metal roof benefit is reducing your home insurance premium. Roof discounts can range between 5% to 35%. Companies like, us, Mighty Metal Roofing, are here to provide roofing solutions to help you save money. Before we get into metal roof insurance discounts, let’s look at the average home insurance rates across the midsouth.

Average Annual Home Insurance Premiums in the Midsouth

  • Tennessee: $1,521
  • Arkansas: $2,063
  • Mississippi: $2,290

Metal Roof Home Insurance Discounts

Next time you talk to your agent, ask about these discounts!

1. New Roof Discount

If shingles are falling off your roof, it may be time for a new roof. You may want to consider a metal roof. A metal roof not only checks every point mentioned below, but it could save you about $24,000 in energy bill costs over a 20-year period. Although, that’s not the best part. The average lifespan of a metal roof is 50 years, which much longer than other types of roofs. So, throughout the lifespan of a metal roof, you could nearly $48,000 in energy bill costs. As for the new roof discount, many insurance companies across most states offer new roof discounts. They offer this discount because the risk for you filing a claim decreases when you install a new roof, hence a decrease in your home insurance premium. For safety reasons, regardless of the discount, it is always a good idea to install a durable roof.

2. Impact Resistant Discount

This discount is available in all the Midsouth states mentioned above and is common amongst insurance companies. Regardless of where you are in the US, hail storms are possible. The percentage of your discount varies depending upon the roof’s impact resistance classification.

3. Fire Resistant Discount

A common way that fires spread in neighborhoods is through embers landing on roofs and sparking the roof material. Metal roofs hold the highest rating in fire resistance. Not only could you get a discount, but having a metal roof can keep your home safe from external fires.

4. EnergyStar Roof Discount

Metal roofs are environmentally friendly. Our roofs are made up of 40% recycled steel and are 100% recyclable. Our roofs are also EnergyStar approved. Though this may not directly reduce your premium, it does save you money. EnergyStar approved roofs can receive a tax credit for 10% of the cost to install the roof.

Start Saving Now!

Call your insurance company to learn more about these roof home insurance discounts, then call us to learn about all your metal roofing options.we are the Mid-South roofing experts! Click here for a free estimate and roof inspection! Or give us a call at 901-443-7663!