Stephanie's Blog


Selling? Here's an insurance "red flag"

Is your roof old? Are you planning on selling?


I am working with buyers who are currently working to purchase a home who's roof may be near the end of it's useful life.  Without the assurance from a home inspector, the buyers are having a difficult time insuring the property.

If you have a roof that is older, and you are planning to sell, prepare yourselves for this to potentially become an issue for your buyers. It's summertime, a great time to have your roof replaced which will help sell your home quicker and for a better price, not to mention more conveniently for both you and the buyers.

In my situation with my buyers, we are calling on the inspector to identify the condition of the roof and hopefully assure the insurance company that it is still in good shape, if it is. If it is not, then we need to address this issue early on so that the buyers can purchase a home that will be in a good condition, requiring little to no additional repairs after purchase.


Prepare your home, sellers, for your buyers. It will save you from future hassels during a home purchase.



Comment balloon 5 commentsStephanie Jacques • June 30 2011 10:34AM


my inspector is also a roofing contractor who is able to write up the roof mitigation form for the insurance companies if it passed, so a buyer knows the day of inspection whether it will be alright for the insurance companies

Posted by Jimmy Katz, "REAL Solutions for Real Estate!" (Katz Realty Group) over 7 years ago

You know Stephanie...lately, when I show a home, the roof has come up and rightfully so too. It is huge expense and can cause a lot of damage if not addressed....good reminder post...thank you Stephanie

Posted by Richie Alan Naggar, agent & author (people first...then business Ran Right Realty ) over 7 years ago

I agree have your inspection and go from there. Hope all works out nicely for you and your clients.

Posted by Diana Mehnert (Coldwell Banker Harris McHaney & Faucette) over 7 years ago


As an independent insurance broker, there are companies out there that would insure the house - Foremost and American Modern home are 2. They will ONLY write it on a HO1 form (basic perils) for now, as any water damage due to a poor roof wouldn't be covered. Then after the new roof is put on, they can change it to an HO3 - Special form or all risk policy.

If your buyer is talking to Allstate, State Farm or Nationwide - they have stricter guidelines and may say NO INSURANCE, which is why it seems impossible to do.

If you need an independent insurance broker, look up my friend John Obrey who is in Londonderry, NH for help. I am not licensed in NH.

There is ALWAYS a solution when it comes to insurance. You need to know where to look and who to talk to to find your answer.

Good luck!

Posted by Tom Larsen, We Shop, You Save! (The Larsen Protection Team) over 7 years ago

So reminiscent of my first transaction!  The insurance commited to issuing the buyer a general policy but as soon as the transaction was completed and the time came to issue the actual policy the company  said it would insure everything EXCEPT the roof... to which she agreed because at that time she couldn't find a better option.

Posted by Brenda Whitman, Live in Laramie Real Estate, Broker/Co-Owner, Laramie, Wyoming (Live in Laramie Real Estate, Laramie, Wyoming) over 7 years ago

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