Adding insulation and ensuring all seams are tightly sealed.

Homeowners insurance may cover the cost of siding repair or replacement, but coverage depends on the cause of the damage. Most policies will cover damage from a covered event, such as a storm, wind, hail, fire, natural disaster, or other impact damage. Your policy might pay for the full or partial cost of the repair or replacement. However, damage resulting from age, general wear and tear, or neglect is typically not covered, and you should expect to pay for those repairs out of pocket. It is best to review your specific homeowners insurance policy for full details on what is covered, how to file a claim, and what documentation is required.

Painting faded siding is more budget-friendly than replacing it, but depending on how old your siding is and whether it’s sustained damage beyond fading, it may be a better idea to replace old, faded siding. Vinyl siding that’s 20 years old or more is nearing the end of its lifespan, and painting may freshen up its appearance, but it won’t buy you much more time before the siding needs to be replaced.

The average cost to install vinyl siding is about $12,200, with a typical price range of $6,400 to $18,300. The total project cost can be as low as $1,500 or exceed $30,000 depending on factors like home size and local labor rates.

The cost includes materials, which range from $3 to $12 per square foot, and labor, which ranges from $2 to $5 per square foot. Costs also vary by the type of vinyl siding:

• Clapboard or Dutch lap: $2–$7 per square foot

• Vertical: $5.50 per square foot

• Scallop: $5–$10 per square foot

• Shake: $6.50 per square foot

• Vinyl log: $4 per square foot

• Insulated vinyl: $8 per square foot

You can save on labor costs by installing it yourself, but this requires expertise and specialized tools like cutting tools, ladders, and scaffolding.