Glossary

Roof surfacing payment schedule

An endorsement that pays roof damage as a set percentage of replacement cost based on the roof's age and material, not full cost or a depreciation estimate.

Also called: roof payment schedule, roof schedule endorsement, roof surface payment schedule

A roof surfacing payment schedule is an endorsement that sets what the insurer pays for roof damage using a table. The table lists roof materials and ages and assigns a percentage, so the older the roof, the smaller the share of replacement cost the policy pays. These forms are generally written by individual insurers, and the percentages are printed in your endorsement.

Say the table pays 50% on a 15-year-old asphalt shingle roof and replacement costs $20,000 (hypothetical). The roof payment is $10,000, less your deductible, however the roof looked before the storm. Many versions pay the smallest of repair cost, the scheduled percentage of replacement cost or the limit, and most apply only to wind or hail losses. They typically come with a premium credit.

The upside is predictability: the percentage is fixed in advance, so there is no argument over depreciation. The downside is that the percentage can land below what actual cash value would give on a well-kept older roof, and the payout falls again each year as the roof ages. Confirm what counts as "roof surfacing" (shingles, underlayment, flashing, decking), which causes of loss it covers, and whether you owe the difference. The guide Roof payment schedules and ACV roof endorsements compares schedules with ACV endorsements, and the roof claim payout estimator runs the numbers.

Last reviewed October 10, 2026

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Related terms

Actual cash value What an insurer pays for damaged property: the cost to repair or replace it today, minus a deduction for age and wear, so less than a new-for-old payment. Replacement cost What it would cost to repair or rebuild with materials of like kind and quality at today's prices, with no deduction for age or wear. Depreciation The loss in an item's value from age, wear and obsolescence, which an adjuster subtracts when pricing what a claim should pay. ACV roof endorsement An endorsement that pays wind and hail roof damage at replacement cost less depreciation, even when the rest of the home is settled at full replacement cost. Endorsement A written change attached to a policy that adds, removes or alters coverage, limits or conditions, and controls over the base form wherever the two conflict. Non-recoverable depreciation The age-and-wear deduction an insurer takes from a claim payment and never pays back, because the policy settles at depreciated value or repairs are not made.

Related guides

Aerial imagery: how insurers inspect roofs from the sky How insurers use aircraft, satellite and drone images to judge roofs, where they mislead, what states have ruled, and how to contest a nonrenewal based on one. Cutting coverage to save money: the cuts that backfire Which coverage cuts save a few hundred dollars and cost thousands at claim time: low dwelling limits, ACV roofs, skipped endorsements and oversized deductibles. Farm Bureau home insurance: how membership works Farm Bureau insurers are state-by-state companies tied to farm organizations; you usually join to buy, pay dues on top of premium, and deal with local agents. Hail damage claims: roofs, siding and windows How hail claims are inspected and paid, why the roof settlement, the wind/hail deductible and cosmetic exclusions decide the check, and what to do first. How to compare homeowners insurance quotes Quotes compare only when limits, deductibles and roof terms match. Fix the specification, spot the hidden differences and weigh price against the company. Questions to ask before you buy a homeowners policy Questions that expose differences between policies: roof terms, wind deductibles, claims handling, renewal and cancellation, and the answers to worry about.

Related insurers

Allstate The No. 2 U.S. home insurer, a public company sold by Allstate agents and online, with National General for independent agents and Castle Key in Florida. American Traditions Insurance Pinellas Park, Florida insurer founded in 2006 for manufactured homes, now also writing homeowners and condo policies through independent agents; Demotech A. Farm Bureau Financial Services West Des Moines Farm Bureau insurer selling home insurance through exclusive agents in eight states, with a published roof payment schedule; #2 in Iowa. Security First Insurance Ormond Beach, Florida home insurer led by former state senator Locke Burt, selling HO-5, HO-3, condo, renters and landlord policies directly and through agents.

Related tools

Roof claim payout estimator Estimate what a roof claim pays under replacement cost, actual cash value and roof payment schedule settlements, and what you would pay yourself.