You should evaluate the terms of the roofing warranty to ensure that the value of your roof is protected according to the guarantees of both the manufacturer and the contractor. Since the roof is arguably the most important investment in your home, you should seek and expect a top-tier warranty with a no dollar limit (see below). This protects you against a continuously depreciating warranty after a roofing installation.
Also, read the nullifications and exclusions carefully to understand the circumstances that could lead to either should something go wrong with your roof.
The most common reason homeowners view warranties as scams or marketing ploys is because they rarely take the time to gain a full understanding of how the right warranty can work to their favor. So, take your warranty seriously, find out your options, read every word, and get the best warranty possible for your roof. You’ll be glad you did.
A contractor should provide two types of warranties.
1. The Manufacturer Warranty
The manufacturer warranty covers all roofing materials such as plywood, asphalt shingles, underlayment, drip edge, flashing, venting system, and other materials. If you discover any defective materials, the manufacturer is responsible for replacing them.
2. Contractor/Workmanship Warranty
The labor or workmanship warranty covers the work that the contractor & crew performs on the roof. If your roof has a problem that was work-related, the contractor guarantees that they will fix the problem.
Note: Your Contractor Warranty may provide better overall protection and options than the manufacturer’s warranty. Ask the contractor if their warranty contains the proper contract language and completed operations endorsements to their general liability insurance coverage policy. If so, you may not have to purchase a manufacturer warranty.
Key warranty provisions should include:
● Scope and limits of manufacturer and contractor coverage
● Monetary limits of repair costs
● Determination of Applicability to determine if a repair is covered under the warranty
● Exclusions that protect the manufacturer or contractor from liability
● Nullifications that outline what circumstances will completely void a warranty
What Type of Warranty Coverage Do You Need?
There are three types of options in this category:
1. Original cost
2. Prorated
3. No dollar limit
With original roof installation cost, your warranty allows the manufacturer to only repair problems up to the total cost of the original purchase. Prorated warranties, on the other hand, diminish in value over their lifespan.
The warranty that is most favorable is no dollar limit. With this warranty, it is non-prorated and assures that the manufacturer will spend whatever it costs to repair your roofing system. With this warranty, you are given peace of mind as an owner that the manufacturer won’t skimp on quality because of cost restrictions.
Professional Minneapolis Roofing Company
If you are looking for a professional roofing company in Minneapolis or St. Paul, Minnesota, then contact Intelligent Design. We offer complete roofing installation and repair for residential and commercial properties. Call us today at 763-315-0745, or you can message us on our contact page.