Prorated Roof Warranty
Unlike the complicated prorated warranty the non prorated warranty does not allot or.
Prorated roof warranty. Throughout the life of your roof you can rest assured knowing you are covered for the entire warranty period. With the non prorated warranty the total protection remains continuous. 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.
Some roofing warranties will offer a fully pro rated warranty while others offer ndl for a certain amount of time then switch to pro rated. To better understand ndl vs. 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. All stainguard labeled shingles and ridge cap shingles carry a 10 year limited warranty and 1 year non prorated period.
With our warranty groupings we have a level of coverage right for any job. This type of warranty is designed to favor the manufacturer. Warranties can be transferred by clicking on the transfer a warranty link below or calling 1 800 roofing. 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.
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. For example a prorated asphalt shingle roof warranty may be covered by a 30 or 40 year warranty most of these long term warranties are prorated after the first few years. For example assuming a cost of 1 million dollars for original installation of the roof and the contracted warranty value is reduced by 5 each year the value of the. Prorated warranties however become a much larger issue as the roof reaches the end of the warranty term or the cost to repair exceeds the remaining value of the warranty.
Duro last was the first manufacturer with a warranty that expressly covers consequential damages on commercial buildings. Another thing to watch for in a warranty is whether it s prorated or non prorated. Pro rated here is an example. Many roofing products have prorated warranties which means the warranty coverage lessens over time.
Duro last leads the roofing industry with comprehensive warranty coverage. This is a very important aspect of a material warranty coverage. They may cover one hundred percent of defective shingles for five or ten years.