The Hidden Cost of a Roof Leak
Roofing systems are assets, and roofs have a finite life expectancy. Life spans have ranged widely from as little as five years to documented cases of 50 years or more. However, most membrane roofing systems will be replaced or can expect significant renovation in less than 20 years.
Few people would purchase a new car and not change the oil to protect their major investment. Unfortunately, once an investment is made in a roof system, the roof is out of sight and is unlikely to get much thought until there is a problem. By then, damage to the roof may be extensive.
Interior roof leaks can also result in other expenses and legal exposures to your company (commercial roof repairs) that can be at least as costly (if not more) than the cost of roof repairs and roof maintenance.
This only cheats you out of realizing the full potential service life of any of your roofing systems within your overall budget.
The following items are the (hidden) costs of a roof leak:
- Damage to building interiors (furnishings & fixtures)
- Emergency service calls
- The costs associated with lost use of space
- Costs and exposure risks to air quality and work environment deterioration (Mold & Mildew)
- Water damage clean-up
- Energy loss through wet and damp roof insulation in both the heating & cooling seasons
- Costs of business interruption
- Higher insurance premiums due to more frequent claims arising from water damage
- Premature roof replacement
With bottom-line profitability so important for businesses and home owners on very tight budgets:
Roof maintenance pays!
We are firmly convinced that if more home owners and commercial property owners would track and report these collateral damage expenses, they would have less resistance to establish a roof maintenance and roof management program.