Property insurance in Texas and Oklahoma is changing faster than most homeowners realize. These changes are already costing property owners thousands — and the window to act is closing.
Replacement Cost Value (RCV) pays the full cost to replace your roof with like-kind materials. Actual Cash Value (ACV) deducts depreciation — leaving you to cover the gap out of pocket.
Insurance companies used to convert roofs from RCV to ACV at 10 years. Now, many carriers in Texas and Oklahoma are making that switch at 7 years or even sooner. This means your roof loses full coverage faster than ever.
If your roof is approaching 7 years old, you may already be at risk of losing RCV coverage at your next renewal — without notice.
With RCV coverage, your insurance covers the full $18,000. Under ACV, you’re left paying $10,800 out of pocket.
Many Texas and Oklahoma policies now carry percentage-based wind & hail deductibles rather than flat dollar amounts. At 2–3%, the numbers become staggering.
A 3% deductible on a $500,000 home means you pay $15,000 before insurance covers a single dollar.
Texas homeowners have seen insurance premiums increase 20–50% or more over the past few years. Oklahoma is following the same trend. Carriers cite hail exposure, aging roofs, and rising material costs.
The good news? Replacing your roof — especially with an impact-resistant product — is one of the most effective ways to substantially lower your premiums. Insurance companies reward proactive property owners with significant discounts.
Over a 15-year roof lifespan, that’s $13,500–$24,000 in premium savings — often exceeding the cost difference of the upgrade itself.
The UL 2218 impact rating measures how well roofing materials resist hail damage. Higher ratings mean better protection — and bigger insurance discounts.
Resists cracking when struck by a 1.75″ steel ball dropped from 20 feet.
Common Materials
Certain dimensional shingles, some metal panels
Resists cracking when struck by a 1.75″ steel ball dropped from 20 feet.
Common Materials
Impact-resistant shingles (e.g., Malarkey, Owens Corning DurationFlex), standing seam metal, synthetic slate
On a $4,500/year policy, a Class 4 discount of 28% saves you $1,260 per year — that’s $18,900 over 15 years.
Every renewal cycle brings new restrictions. Here's what's happening right now in Texas and Oklahoma.
Several major insurers have reduced or exited Texas and Oklahoma homeowners coverage entirely, leaving fewer options and higher prices.
RCV to ACV conversions are buried in renewal documents. Many homeowners don't realize they've lost full replacement coverage until they file a claim.
A new, impact-rated roof makes your property more insurable, lowers your premiums, and ensures you maintain RCV coverage for years to come.
Let us evaluate your roof and show you exactly how a replacement or upgrade could protect your coverage and lower your premiums. Our Lloyd's of London trained team will walk you through every option.
