Roof warranties can often seem complex and confusing. Knowing what to look for and understanding the different types can help you make informed decisions. United Contracting & Roofing LLC in Greenville, SC, offers comprehensive services to ensure you get the best warranty for your commercial roof.
Why Are Warranties Written?
Warranties are primarily written by manufacturers to protect themselves. They define the conditions under which the manufacturer is obligated to fix problems. This protection ensures that any repairs or replacements are clearly outlined, limiting the manufacturer’s liability while providing some security to the property owner.
Types of Warranty Structures
Prorated Warranties
Prorated warranties decrease in value over time. For instance, a 10-year warranty would be worth 50% of its original value in year 5. The longer the roof is in place, the less the manufacturer is obligated to cover.
Non-Prorated Warranties
Non-prorated warranties retain their value throughout their entire term, providing consistent coverage without diminishing over time. For example, with a 10-year non-prorated warranty, you would still receive 100% coverage of the original installation cost even in year 5. This means that if any issues arise during the warranty period, the cost of repairs or replacements would be fully covered, offering significant financial protection and peace of mind. Unlike prorated warranties, which decrease in value as time progresses, non-prorated warranties ensure you receive the maximum benefit and support from your investment for the entire duration of the warranty.
No Dollar Limit (NDL) Warranties
NDL (No Dollar Limit) warranties go a step further than non-prorated warranties by providing even more comprehensive coverage. They account for inflation, ensuring that the replacement cost of the roof is covered at current prices, not just the original cost. This means that if your roof needs to be replaced or repaired, the warranty will cover the entire expense based on today’s market rates, offering enhanced financial protection and peace of mind.
Warranty Terms
Warranty terms can vary significantly, from as short as two years to over 25 years. It’s crucial to understand both the labor and material aspects of your warranty. Some warranties might offer a shorter term for labor (e.g., two years) and a longer term for materials (e.g., 20 years). Always review these terms carefully to know what is covered and for how long.
Warranty Exclusions
Understanding warranty exclusions is vital. Typically, your relationship is with the contractor, not the manufacturer. Manufacturers write exclusions to minimize their liability and make it easier for contractors to get a roof under warranty. As a property owner, it’s essential to scrutinize these exclusions to understand what is and isn’t covered. Additionally, knowing the documentation required to maintain the warranty is crucial. This includes keeping records of regular maintenance and any repairs conducted, as failure to adhere to these requirements can void the warranty. Being well-informed about these aspects ensures you can fully leverage the benefits of your roofing warranty.
Single Source Warranty
United Contracting & Roofing LLC offers a single source warranty, covering both workmanship and materials. This means you only need to contact one company to resolve any warranty issues, simplifying the process and reducing the time needed to address problems.
Conclusion
Navigating roof warranties can be challenging, but understanding the different types and terms can help you make better decisions. Working with experienced professionals like United Contracting & Roofing LLC ensures you get the most out of your roof warranty.Read about the Three Essential Facts About Re-Roofing a Commercial Building, click here.
