Insurance Claim For Roof Replacement. For example, if your roof is $25,000 new and is 15 years old on the date of a claim, and the insurance company attributes a rate depreciation of $1,000 per year on the roof, then they will subtract the depreciation from the. Claiming roof repairs on insurance can be an area of uncertainty for home and business owners whose property is affected by roof damage.
Even if the repair is $2,500, it might. If your insurance company denies the claim, don’t despair! Actual cash value will give you the depreciated value at the time of the loss on your roof.