Homeowners who have had a new roof put on their house since 2002, when a new Florida building code was adopted, should ensure their home- and property- insurance agent or company knows. It could lower your insurance premium payments.
Insurance carriers and reinsurance companies factor in roof age when determining the probable maximum loss of a home due to a catastrophe and when setting premium costs. If a company does not know that an older roof was replaced, then the date of the home may be used when calculating risk. That could mean homeowners and insurance carriers are paying higher rates.
— Bob KoslowSource: Daytona Beach News Journal