Replacing your old, outdated roof comes with plenty of benefits you could be taking advantage of. From better energy efficiency and curb appeal to higher safety standards, there's a lot you may be missing out on. If your roof has suffered extensive damage or is nearing the 30-year mark, you should consider a replacement sooner than later. Here are some of the benefits of replacing your roof.

1. Better Energy Efficiency

Roofs installed 30 years ago will naturally not be as energy efficient as a new roof replacement installed today. The technology that roofing companies use has grown tremendously over the years. A new roof now provides your home with better insulation against outside temperatures which reduces your home heating and cooling costs. That means more money in your pocket.

2. Better Curb Appeal

Whether you're selling your home or not, you don't want your house to be the one that your neighborhood gawks at. If you're looking for a major improvement that really ups the ante when it comes to aesthetics, you're going to want to start with a roof replacement.

3. Better Maintenance

As your roof gets older you'll find that it needs more and more maintenance, especially as the seasons pass. A new roof won't require nearly as much maintenance as an old roof that's starting to deteriorate. That's because the materials are better designed and installed. With a roof replacement, you won't run into nearly as many leaks or worn shingles. You're better off paying for a new roof instead of paying continuously for maintenance.

4. Better Property Value

If your roof is 20-30 years old, a newer roof will increase your home's property value. If you're wondering by how much, according to Home 365, a new roof can return up to 85% of the investment back to you when you resell your home. With the added costs of maintaining an older roof, this could be more than worth it if you're considering selling your home eventually.

5. Better Insurance Rates

Insurance companies appreciate modern structures over older ones because they're typically safer and will save them more money in the long run. They usually pass these savings on to the customer. However, you might not be able to insure your roof if it's past a certain age. With a new roof that's properly insured, you can rest easy knowing you're not liable for any catastrophic damages and large repairs. If your current roof is already insured, you can probably secure better rates with your insurance company when you install a new modern roof.

6. Better Warranty Coverage

Odds are, if your old roof had a warranty, it may already be expired. If you bought an older home, you may not even have information about a warranty. On the other hand, for a new roof, you could be covered for maintenance and repair costs from damage for several years. There's some peace of mind that comes from knowing you won't have to foot the bill if a tree comes crashing through your home.

7. Better Safety Features

Would you really want to be walking around on a residential roof made in the '90s? Technology has come a long way since then, and today's roofs are a lot safer than roofs made over 20 years ago. Sometimes you or somebody you hire will need to hop up on your roof to fix something with a shingle or your home's siding. You may not be able to tell if your roof is rotted out beneath or caving in on certain sections. If you're not an expert and are unsure of the condition of your 30-year-old roof, you should take great care when accessing your roof for maintenance. With a new roof and today's safety standards, from the materials, to design, to labor; everything is done with more precautions in mind.

As you can see, a modern roof replacement is preferable if you can opt for it. There are more benefits than we can possibly list here for replacing your old roof with a modern design. You get peace of mind that your roof won't cave in. You get better insurance rates. You get a better property value. Perhaps best of all, you'll be saving money on energy costs. Contact the expert roofing contractors at Rich Roofing & Exteriors today for all of your residential and commercial roofing needs. We'd be happy to help!