If you're postponing the replacement of your roof because you don't think you can avoid the project, you might want to think again. You might not know this, but you could be missing out on money-saving opportunities. The fact is that replacing your current roof could save you money in a variety of ways. If you don't think you can afford to replace your roof right now, read the list provided below. Here are just four of the ways that a new roof could actually save you money.
Prevents Further Damage
If you've decided to postpone the replacement of your residential roof, you might want to consider the cost of future repairs. If your roof has sustained significant damage already, postponing replacement could lead to damage to the underlayment. In fact, postponing the replacement could even lead to structural damage for your home. Unfortunately, those repairs could end up costing you more than the cost of a roof replacement. To save money, replace your roof this winter.
Increases Energy Savings
If your home isn't as energy efficient as your neighbors' homes, you could be faced with several problems. First, your home won't be as comfortable as it should be during the summer or winter months. Second, you could get letters from the energy company regarding energy waste. Finally, you could end up spending more on your energy costs each month. Unfortunately, that's money that you could be spending elsewhere. That's where a new roof comes into the picture. Your new roof will improve your home's energy efficiency, which will save you money on your monthly energy bills.
Reduces Insurance Costs
If your roof is in such bad shape that it sustains damage during each storm that passes through, your insurance company may raise the rates for your homeowners' coverage. This is especially true if you submit claims for the repairs, which is why you need to invest in a complete roof replacement this winter. Not only will you save money on the repairs, but the insurance company might actually lower your rates, which means you'll save money on your insurance premiums too. That's a double money-saving opportunity for you.
Alleviates Moisture Issues
Finally, you're dealing with constant moisture issues in your home, especially when it rains, now's the time to invest in a roof replacement. You might not think that moisture issues create additional costs for you, but that's not the case. Added moisture increases the risk for mold growth, which can require professional cleanup. Moisture problems can also lead to drywall and ceiling damage, which can both be costly to repair. Once you replace your roof, you'll alleviate the moisture problems, which will save you money on moisture-related repairs.