Can You Get a BOGO on Roofs?

So you need a new roof...Don't you wish these things would last forever instead of just 15 - 25 years?

Not a lot of people have heard about these new 50 Year Manufacturer Warranties.

You can seriously buy one now and get your next roof free!

Say What?!! Yes...Let me explain.

GAF & Owens Corning are the 2 largest manufacturers of shingle roofing products in the world. Recently they have started offering 50-Year Warranties that are so inexpensive we often throw them in for free during a re-roof. These 50 Year Warranties from the manufacturers entitle you to a new roof, materials + labor to install if there is a "manufacturer defect" any time during the first 50 years after installation. Manufacturers Defect includes: "Cracking" of the shingles; "Curling" of the shingles is when the corners begin to curl up; "Granular Loss" of the shingles is when the the rocky rough particles begin to fall off of the shingles leaving them bare. Granular Loss is the most common and "build-up" will often be found in the gutters.

How Much Does a Roof Warranty Typically Cost Upfront?

Investing in a roof warranty can provide you with peace of mind, ensuring you cover potential repair or replacement costs with minimal out-of-pocket expenses. However, this security often requires an initial financial commitment.

Upfront Costs of Roof Warranties

When you decide to purchase a roof warranty, you should anticipate an upfront expense generally ranging from $500 to $1,000. The specific amount can vary based on the type and coverage level of the warranty you select. This initial fee is in addition to the cost of installing your new roof, so it's essential to factor this into your overall budget.

Considerations for Choosing a Warranty

• Coverage Variety: Determine what is covered—material defects, workmanship, or both.
• Duration: Longer warranties might command higher upfront costs but can offer more extensive protection.
• Provider: Different manufacturers and third-party companies like CertainTeed or GAF might offer varying prices and coverage benefits.

Ultimately, weighing the upfront cost against the potential long-term benefits is crucial in deciding whether a roof warranty is a worthwhile investment for your home.

Here is the catch - The warranty only transfers once for free...

The average homeowner keeps their house 3 - 6 years these days. The odds are you will sell your house and even if it does transfer to the next owners they will probably sell it too before the next 40 or so years.

What Happens to a 50-Year Roof Warranty if the Contractor Closes Shop?

When investing in a long-term roof warranty, such as a 50-year plan, it's natural to wonder what happens if your roofing contractor ceases operations. Fortunately, these warranties are primarily backed by the material manufacturer, not the contractor itself.

Manufacturer-Backed Security

• Continued Coverage: Even if your original roofing contractor goes out of business, the responsibility of the warranty often remains with the manufacturer of the roofing materials. This ensures you're not left without coverage and can still rely on the terms of the original warranty agreement.

• Transferability: In many cases, warranties can be transferred to a new homeowner within a predetermined time frame (often around 15 years). This means that even with a change in ownership, the manufacturer will continue to honor the warranty.

Peace of Mind

If the thought of your contractor closing its doors feels daunting, rest assured knowing your warranty endures through the manufacturer. This structure is designed to safeguard your investment, providing you with stability and reliability in your roofing warranty regardless of your contractor's business status.

What Factors Should I Consider When Choosing a Roof Warranty?

When selecting a roof warranty, it's essential to weigh several personal and environmental factors to ensure the best long-term protection for your investment. Here's a breakdown of what to consider:

1. Future Home Plans

• Longevity of Ownership: Are you planning to stay in your current home indefinitely? If so, a long-term warranty, such as a 50-year option, could be beneficial. This warranty often provides peace of mind with coverage that lasts for decades.
• Resale Possibilities: Even if you're unsure about staying put, consider that some warranties are transferable. This feature can be a selling point if you decide to move, as it adds value for prospective buyers.

2. Roofing Contractor Credibility

• Experience and Reputation: Partner with a reputable and experienced roofing company. A contractor's track record can influence the reliability of installation, which affects warranty conditions. Seek recommendations or check reviews to verify their expertise.

3. Local Weather Patterns

• Environmental Challenges: Consider the prevailing weather conditions in your area. Frequent exposure to high winds, hail storms, or severe weather necessitates robust warranty protection. A comprehensive policy can safeguard against potential damage from these elements.

4. Coverage Specifics

• Scope of Coverage: Not all warranties are created equal. Examine the specifics of what is included, such as material defects, workmanship errors, and any exclusions. A more inclusive warranty often translates to greater peace of mind.
• Homeowners Insurance: Ensure your homeowners insurance complements the warranty coverage. This double-layer of protection is crucial during severe weather events or unexpected damage.

Final Thought

Before finalizing your roofing contract, carefully assess these factors. Making an informed decision about your roof warranty can prevent future headaches and safeguard your home for years to come. Consider the long-term benefits of a substantial warranty over merely immediate cost savings.

So does it make sense to get a 50 year warranty?

Yes, yes it does. It increases the value of your home so if we will throw it in for free, take it! Also many investors know that the Austin Real Estate market is going up in value and it's a good idea to keep rental properties. An average "Lifetime Shingle" will last 35 Years, hedge your bets...it could pay off.

https://www.gaf.com/Residential_Roofing/Shingles/System_Plus_Limited_Warranty.pdf
http://www.owenscorning.com/networkshare/roofing/10017390-preferred-warranty-legalese.pdf