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best way to finance a roof

Your Guide to Financing a Roof Replacement in Florida

When you need a new roof, there are a lot of factors to consider, like the aesthetic you want, the durability of roofing materials, etc. But there’s one big issue that everyone getting a roof replacement has to confront: cost. Unfortunately, no new roof is cheap, and financing a roof replacement can be hard if you don’t have the funds saved up. So what are you supposed to do when you need to pay for a new roof? Is new roof financing right for you?

Well, we’ve got some advice. We’re Classic Roofing and Construction, and after 20 years of serving the Tampa Bay area, we know that roof troubles rarely come at a good time for the property owner. But that doesn’t mean that you can’t get a new roof or that you have to wait. Today, we’re going to give you some options on how to finance a roof replacement in Florida.

How to Finance a Roof Replacement in 2023

New roof financing in 2023

Every day, there are more and more options when it comes to financing a roof replacement. This means that nobody should be in a position where they have to wait for their roofing troubles to get worse before they can solve the issue with a new roof. So let’s take a look at all the different options that Floridians have for financing roof replacements in 2023.

1. Low-Interest New Roof Financing

The most direct way to finance a roof replacement in Florida is to get a loan from the company completing your roof replacement. At Classic, we offer low-interest financing for roof replacements, which helps our customers who otherwise would have to wait for a roof replacement. This way, you can get the roof replacement that you need immediately and then pay it off over a more comfortable timeframe.


Among all the roof financing options, this one is the simplest. While it does require a credit check, you don’t have to have perfect credit to qualify, and the money can be made available instantly. And as you’ll see, while there are other good options for financing a roof, they’re all much more in-depth with their requirements.

2. Financing a New Roof Through Homeowners Insurance in Florida

Financing a Roof Through Homeowners Insurance in Florida

If you’ve lived in Florida for any length of time, then you know our weather can get pretty severe. As a result, roof damage from high winds and storms is somewhat normal. And when bad weather damages a roof so badly that it has to be replaced, you may be able to get your homeowners insurance to pay for your new roof.

Getting financing through your insurer is a great option, but it does require a lot of legwork. For one, you’ll have to check if your policy covers the costs of a roof replacement due to storm damage. And if you do have that coverage, your work is far from over. In order to get approval, you’ll have to submit a lot of information to your insurance provider, including:

  • Proof that bad weather caused the damage (online articles about the storm can help)
  • Photos of the storm damage
  • A roof inspection report from a roofing company or adjuster

Keep in mind that all of this information has to be provided quickly in order to prove that the storm caused the damage. And even if you do everything right, there is always a chance that your claim will be denied. Still, if you think your provider will approve your claim, this could be the perfect way to finance a roof replacement.

3. Home Equity Loans

You could seek out a home equity loan if you’re in need of further options for financing a roof. This option allows you to borrow against the equity in your home, which can give you a lower interest rate since the bank can use your home equity as collateral.

However, there are some drawbacks to home equity loans. For one, you have to have a significant amount of equity in your home to qualify. This means you might not be able to use this loan if you haven’t owned your home for long and haven’t had time to build equity.

You will also need to have a high credit score to qualify for a home equity loan. So while it’s a great option for financing a roof replacement, it’s not necessarily available for everyone.

Regardless of which roof financing option you choose, there will still be an important decision to make: Who’s going to install your new roof?

Choosing a Roof Replacement Company in Florida

Ultimately, who you choose to install your roof is likely going to affect how you finance your new roof. This is obvious if you choose to get a loan through your roofing company of choice, but it can even make a big difference if you get your insurance providers pays for your new roof. This is because insurance funds are often tied to a successful final inspection, and if there’s a problem with your new roof, your insurance provider may not release the funds.

That’s why it’s in your best interest to make sure you’re hiring reliable roofers. And the Classic crew is here to give you reliable roofing services that you can trust.

Building that trust starts with checking out our hundreds of five-star reviews. We’ve been providing roof replacements and helping with roof financing for 20 years, and in that time we’ve built up a lot of goodwill in our community. We credit that to our in-house crews, our world-class customer service, and our 100% happiness guarantee.

So if you’re looking into how to finance a roof, let us help you get started with a free, no-obligation roof replacement estimate. All you have to do is schedule online, then one of our friendly roofing experts will inspect your property and use that information to put together a comprehensive roof replacement estimate. From there, you will have a reliable number to help you better plan out how you’ll finance your roof.

So reach out to Classic and see how we can help. We’re Tampa Bay’s favorite roofers, and we’d love to show you how we can help with every part of the roof replacement process from financing to the final inspection.

Financing a Roof Replacement in Florida (Video)


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