Coverage intent
A roof surfacing payment schedule changes loss settlement for roof surfacing materials, often by age, material type, actual cash value, depreciation, or percentage schedule.
Coverage impact
Roof surfacing schedules affect homeowners and property products in hail, wind, and aging-roof markets where valuation wording can materially change claim payments.
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Sample form language
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Replacement Cost Loss Settlement With Roof System Payment Schedule
Form #: OIC-MH-CW-C-0087 0626
Obsidian Insurance Company
Mobile Homeowners
MI | Jun 26, 2026
This homeowners endorsement applies a roof-system payment percentage by roof age and material type to windstorm or hail roof losses.
Roof system payment schedule mechanics
The applicable percentage in this schedule applies to the cost to repair or replace the damaged part(s) of the roof system(s) including any applicable material costs, labor costs, general contractor overhead and profit, sales and other taxes and fees. Roof Systems Payment Schedule To find the percentage which will apply to repair or replace the damaged parts of the roof system(s), refer to the age of roof and the roof system(s) material type for the damaged roof system(s) in the Roof Systems Payment Schedule included in this endorsement. ... Age of Roof 0: Composition 100%, Slate 100%, Tile 100%, Wood 100%, Metal 100%, All Other Roof System(s) Material Type 100%. Age of Roof 10: Composition 70%, Slate 90%, Tile 80%, Wood 80%, Metal 90%, All Other Roof System(s) Material Type 70%. Age of Roof 20: Composition 40%, Slate 80%, Tile 60%, Wood 60%, Metal 80%, All Other Roof System(s) Material Type 40%. Age of Roof 30 or over: Composition 25%, Slate 70%, Tile 40%, Wood 40%, Metal 70%, All Other Roof System(s) Material Type 25%.
Selected excerpt from this form.
Notable language points
- 01Applies the percentage to repair or replacement costs, including labor, overhead, profit, taxes, and fees.
- 02Uses roof age and material type to determine the payable percentage.
- 03Shows how older roof systems can be settled at substantially lower percentages.
Related insurance form pages
Related coverage topics
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