Depending on the type of roof you have, it will likely need to be replaced at some point or another while you're living underneath it. Standard asphalt shingle roofs will last about 15 to 20 years before needing replacement. Replacing the roof might not be in your immediate budget, however, so saving money on it might be extremely important to you. Here are some things that you can do to minimize the costs associated with replacing the roof over your heads.
When to Replace Your Roof
The first thing to know is whether you actually do need a roof replacement. Here are some factors to consider to help you decide whether to replace your roof or hold off for a while:
- Brittle, cracked, or curling shingles are signs of a damaged roof.
- If your roof is too old, it will need to be replaced, even if everything seems fine. Talk to a roofing contractor about the lifespan of your particular roof.
- When you walk around your house, if you're seeing debris from shingles such as bits of gravel or asphalt that have fallen from your roof, you'll probably need to replace it.
- If there's water leaking into your attic or your home, your roof will need to be replaced as well. Water damage is not something you want to wait on.
Research Your Roof
Make sure before you even start the process of finding contractors and collecting bids that you know all you can about your roof. You should find out the size and complexity of your roof, as well as the type of materials that you want to have installed.
Shop Around
One of the best things you can do to save money on your roof replacement is to shop around for different contractors. Plan to get at least three detailed bids for the roof replacement from contractors you can trust to do a good job.
Consider the Timing
When replacing your roof, keep in mind that roofing companies tend to be busier in the late summer and fall. You might be able to get a better deal on your replacement if you can schedule it for late winter or the spring. Note that if you are replacing your roof because of water damage or leaking, you probably cannot afford to wait until the ideal season to have the work done and should call a contractor right away.
Ask Your Insurance Company
Many people pay for roof replacements out of pocket, not even considering that their insurance might have paid for all or a part of it. Talk to your homeowners' insurance company about what your policy covers in terms of roof damage. For instance, if a freak hailstorm came through and damaged the roof, you might be able to get your insurance company to pay for a portion.
It's always possible to get a great product without destroying your budget. Although replacing your roof can be a pretty heavy expense, it still may be necessary depending on a number of key factors. When trying to replace your roof on a tight budget, keep these cost savings tips in mind.
