Pulaski and Giles Mutual Insurance Company, part of Farmers & Mechanics Insurance, has introduced a new endorsement to its dwelling fire program in Virginia, tightening how roof-related losses from windstorm and hail are settled.

The endorsement shifts roof surfacing claims to an actual cash value framework, applying a structured depreciation schedule based on roof type and age. Asphalt and metal roofs will see annual depreciation applied after year one, with maximum depreciation capped at 90%.

The changes go further for older or poorly maintained roofs. For roofs beyond their expected life—or those showing signs of deterioration such as leaks, cracking, or missing shingles—coverage is capped at $1,000 after deductible. The same cap applies to resulting interior water damage tied to roof failure.

The endorsement also excludes cosmetic damage caused by wind or hail, limiting coverage to functional damage that affects the roof’s ability to protect the structure.

An advisory notice will be sent to policyholders at renewal outlining the changes.

Bottom Line: Pulaski & Giles is narrowing exposure to roof claims by introducing depreciation, hard caps, and cosmetic damage exclusions—aligning with a broader industry shift to manage severity in wind and hail losses.