What Exactly Is Siding?
Siding on a home is the protective material attached to the exterior of your home’s structure. One of siding’s most noticeable purposes is aesthetics, since the material you choose greatly influences the look of your home. Siding also protects your home from weather, improves insulation and can impact the resale value of your home.
There are many options for the type of siding on a home, but two of the most popular are vinyl and metal:
Vinyl siding is one of the most common types of siding because of its durability, affordability, color options and textures. Vinyl can be installed quickly, even over existing materials, which helps reduce labor costs.
Long lasting and durable, metal siding is another popular option because it outlives many other types of exterior materials. You can choose a metal siding that actually looks like metal or a more natural look with imitation wood made from metals.
The Importance of Matching Siding
Why is it important to have matching siding? For starters, a home with matching siding simply looks better! But it also can affect the value of your home. Mismatched siding may reduce the amount your home is worth, so having this matching siding coverage in place before there’s a covered loss is important if you want to maintain matching siding as well as sustain the value of your home.
Vinyl and Metal Siding Coverage
Your homeowners insurance policy covers the matching siding on your home if damage is caused by a peril listed in your policy — common events include wind, hail, fire and tornado. For example, if wind or hail damages one side of your home or if a tornado blows through and tears siding from part of your home, you’ll be covered for the damage and be able to replace the missing siding with its match.
Matching Undamaged Vinyl or Metal Siding Coverage
Though you work hard to protect your home, you can still be faced with unexpected challenges. For instance, if the vinyl or metal siding of your home experiences wind damage or tornado damage, finding replacement siding that’s an exact match can be difficult.
While your homeowners insurance replaces siding damage from specific types of losses, it only covers the parts of your home that are damaged — which can be a bigger deal than you’d think.
Let’s say the siding on two sides of your home blew off during a windstorm. Sure, wind is a covered loss and your homeowners policy will help pay to replace the siding that’s damaged or missing. But here’s the dilemma — when you contact the siding manufacturer, you may find out that they discontinued your original siding. Now, you have to choose a different type of siding and it doesn’t match!
This problem is actually pretty common — we're here to help, with our matching undamaged vinyl or metal siding coverage.
How Much Does Matching Siding Coverage Cost?
Much like other home insurance products, the additional cost to your premium is related to the value and type of siding currently on your home. The good news is, this coverage is really affordable. Matching siding coverage starts at just $25 annually.
How Matching Siding Insurance Works
So, what is matching undamaged vinyl or metal siding coverage? Here’s how it works with American Family Insurance.
As noted above, your homeowners policy will begin by covering the cost of replacing the damaged sections. And then if you have undamaged siding coverage, it’ll reimburse you for up to $20,000 of the costs for replacing the remaining undamaged siding so everything matches as closely as possible.
Does Homeowners Insurance Cover Rotted Siding?
Keep in mind, your homeowners insurance won’t cover you for normal wear and tear, like rotted siding.
Matching siding coverage is meant to help you if your original siding that’s damaged is discontinued. Normal damage that occurs to your home’s siding, like fading from sun exposure or dirt and grime, is your responsibility and won’t be covered for the replacement cost. Taking care of issues right away and completing regular maintenance can help save you money down the road.
Submitting Siding Insurance Claims
If you think your home is a candidate for getting its siding replaced by insurance, you need to submit a claim. We’ll work with you every step of the way to help get things back to normal. And we’ve made filing a claim easier than ever:
Frequently Asked Questions About Matching Siding Coverage