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Misreporting of roof ages creates rising risks for insurers

Roof data inaccuracies cost insurers millions in preventable losses and delayed decisions.

By Joe Toppe | January 23, 2025 at 09:00 AM
Unwind/Adobe Stock

There are significant gaps in self-reported roof data with far-reaching implications for both the insurance industry and homeowners, according to a report by ZestiAI.

Roof age is a critical factor in loss ratios across multiple perils, including wind, hail and non-weather-related risks, the data showed, while older roofs, particularly those exceeding 10 years, are prone to accelerated wear and degradation, leading to higher claims and mispriced policies.

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