Oklahoma Insurance Commissioner John D. Doak is encouraging homeowners to consider purchasing impact-resistant shingles. The investment could lead to savings on their home insurance premium.
“With the severe weather we experience here in Oklahoma, roofs take a beating,” said Doak. “Studies have shown that many impact-resistant shingles can withstand a storm with golf-ball sized hail and 130 mph winds. They offer better protection from wind and hail, reducing the chance you’ll have to file an insurance claim to get a new roof. Overall, it’s a great investment.”
The discounts vary depending on the class of roofing material. The Underwriters’ Laboratory rates roofing materials from Class 1 to Class 4. A Class 4 shingle generally receives the highest premium credit. Typically, Class 4 roofing materials for a house cost $1,800 to $2,500 more than lower-rated shingles.
Doak said homeowners should check with their insurance company before replacing a roof to see what discounts they offer and the specific type of roofing material required to qualify for the discount.
One maker of impact-resistant shingles in Oklahoma is Malarkey Roofing Products. Doak toured the facility recently.
“Our plant in Oklahoma City is equipped with a state-of-the-art polymer modified asphalt blending system we use to manufacture our impact-resistant shingles,” said Gregory B. Malarkey, senior vice president of Malarkey Roofing Products.