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Page 28 2016 Fall Home Improvement LINCOLN DAILY NEWS SEPT. 27, 2016
One selling point of the metal roofing is the reduction of cost of homeowner
insurance. But, in this area, don’t bank on paying for the extra cost for metal
roofing in the insurance savings alone.
According to Rachel Lessen of Lincoln Logan May Insurance in Lincoln,
discounts for metal roofing do exist, but in this region, those discounts are about 5
to 10 percent. So for a $1,000 insurance policy, the savings is going to be $50 to
$100 per year.
Lessen also noted that not a lot of insurance companies are offering this discount
to date. As an Independent Insurance Agency, Lincoln Logan May offers a
number of homeowner’s policies, but only a couple of those offer the discount.
On the flip side, she says it does seem to be something that is trending forward,
and she can imagine that as time goes on, more insurance companies will include
a discount for metal roofing.
So, in trying to avoid the money pit, is metal roofing a good investment? That
is a question the consumer will have to answer for him/herself, but the bottom
line is, over the long-haul, yes, it could be worthwhile. The real question to ask
yourself is, do you have time to wait for the return on your investment? If you
are living in your life-long home, you may have that time, but if you’re in your
starter home, and know you’re going to move on someday, you might just want to
stick with that 20-year shingle!