Prorated Vs Nonprorated Roof Warranty

This is referred to as the free replacement period.

Prorated vs nonprorated roof warranty.

While the different coverage aspects of a roofing warranty are going to be more advantageous to different homeowners depending on their specific needs and circumstances the best roofing warranties offer 10 or more years of coverage on workmanship non prorated periods of 25 years or more on materials 20 or more prorated periods on materials and are transferrable to subsequent homeowners. Warranties can be transferred to the second owner of the roof as long as the transfer occurs within 60 days of the real estate transfer. A pro rated warranty is one that diminishes in value over time and is designed to financially protect a roofing company at the expense of customers. A pro rated warranty means the cost of roofing failures are reimbursed at a small fraction of the real replacement costs in an amount that declines over the length of the warranty.

The upside to a prorated warranty is that many of the warranties now include benefits that provide 100 guarantees for the first 5 or 10 years. With a non prorated warranty you get full protection and will not to have to cover any costs for replacement or repair. Mattress buyer jed explains what types of mattress warranties are available and which warranty may be the best for you. Warranties can be transferred by clicking on the transfer a warranty link below or calling 1 800 roofing.

Why is a non prorated warranty different. All stainguard plus labeled shingles carry a 25 year limited warranty and 10 year non prorated period against algae discoloration caused by blue green algae also known as cyanobacteria. After that the. With a prorated warranty you may incur some of the costs of repair or replacement.

What is the difference between a prorated and a non prorated warranty. A non prorated warranty in contrast requires the issuer to cover a roof for the entire period of the warranty in full. The warranty is available through gaf s factory certified contractors and is a low cost way to get up to 50 years of non prorated coverage against manufacturing defects on your new roofing system. Non prorated then prorated manufacturers will divide a warranty into a non prorated and prorated term.

All stainguard labeled shingles and ridge cap shingles carry a 10 year limited warranty and 1 year non prorated period. Some car batteries may start with a non prorated warranty for the first 1 2 3 or 5 years. For the small additional cost of the system plus ltd. This warranty is contrary to non prorated warranties that requires manufacturers to take full responsibility until the warranty has been entirely served.

If you have a 10 year prorated warranty for instance and at the eight year mark your roof needs repairs or replacement you ll find that your warranty will only cover 20 of the cost.