Answers to Your Roofing Questions

While feeling intimidated by discussions about roofing work is perfectly understandable and common, you do not have to stay in the dark. In fact, the subject can be downright fun when you are able to comprehend it even a little bit. Discussing roof design options can work your creative muscles in the most inspiring ways. On Time Roofing New York wants to make the topic of roofing accessible to you. Receive answers from our frequently asked questions here.

How long can I finance a roof?

Loan terms vary by lender. Shorter loan terms require paying off the debt sooner, typically with lower interest rates. Longer loan terms are more affordable in the sense that they require a lower monthly payment. While you might pay slightly more in interest over the long run, many homeowners choose a long-term loan that is 120 months or longer to ensure payments remain within their budget.

Payment plans vary according to interest rates and terms, so it is important to ask the roofing contractor you have in mind for more details about roof work financing.

Will my insurance policy cover the cost of a new roof?

The answer depends on the terms of your policy and the circumstances surrounding your need for a new roof. If it is because of a weather-related event, then homeowner’s insurance coverage might cover the work. But if you want to replace the roof because of its age or to increase your home’s resale value, homeowner’s insurance likely would not cover the job.