Roofing Rockwall TX | Trust Us

Today, I want to talk about insurance and roofing as you’re roofing Rockwall TX best choice here at roofing and siding Smiths. We’ve been familiarized with the insurance and roofing business for over 14 years. Now there’s many terms and uh, different line items on an insurance claim that can be confusing. The terminology if you don’t work with it every day just is a little bit overwhelming. You’ll get several pages whenever you file an insurance claim and this can be overwhelming for a homeowner. What we do is come in and sit down with you one-on-one before we have a contract and just discuss what’s going on, what they’re paying for, what you can expect as your roofing Rockwall TX, a contractor of choice. We know what, um, is best and how this process works and so we want you to feel comfortable as well as know what’s going on and what to expect regardless of who you choose for your project.

Here at roofing and siding Smiths, we learned how to do our roofing from the bottom up, the insulation, sales, as well as the insurance business, how to supplement the claim, which is a term used when there’s money that needs to be requested for additional work that was missed by the insurance adjuster. The insurance adjuster is the one who comes out, makes a determination on whether or not the insurance will pay for your claim is your roofing Rockwall TX contractor. We know a and D work with many adjusters in the area. This is a process that is usually quite smooth. We walk the roof with the insurance adjuster. If he has a question or isn’t saying something that we believe is there, we’ll politely point that out to him and show him what’s going on. After he does his assessment, he will send you a report and he will let you know if they are paying for something.

There’s many different terminologies used on this report and that’s what I want to talk to you about today is your roofing Rockwall TX contractor here at roofing and siding Smiths, your contractor. Um, the insurance, uh, paperwork, uh, will come to you and then you’ll see, uh, many different things. The first couple of pages will be an introduction trying to explain to you how the payment process works. Most times you get a check up front and this is what’s called the actual cash value. Actual cash value means what your roof is worth after wear and tear and the age of the roof has been taken away from or depreciated as well as your deductible taken out. If you have what’s called a replacement policy, then you will be able to receive additional funds if the costs are incurred. So the insurance will give you a quote, an estimate of the costs.

If it matches what we believe that should we just move along with the project from there. Um, and what that means is that if their estimate is 20,000 and you get 10,000 up front and your deductible is 2000, there’ll be $8,000 coming at the end, which is the difference of what’s missing less your deductible out of the original $20,000. This, uh, is very confusing for folks. Many of them think they’re only going to get that first check, but you’ll look on one of the back pages that have the totals and it will tell you recoverable depreciation. Again, this is money that you can get, but you’re not guaranteed to get. If you spend the money including your deductible, then you can collect the recoverable depreciation as your roofing Rockwall TX contractor. This is a very par for the course and is to be expected. The replacement costs, a value is what it costs to replace the roof or anything for that matter.

It’s a days prices. So if you have a 20 year old roof, uh, and as a 30 year shingle, they’ll depreciate everything by 66% and you’ll get the last 33% at the end. Now your deductible is the portion of the client that you’re responsible for as you’re contractor. This is paid directly to us. It does not go to the insurance company. They subtract it out of the money that they have estimated. The claim should cost upfront. It must be paid to us. It is illegal to not pay this part of your claim if you hide it or we don’t charge it. Um, we can actually be prosecuted illegally for this many contractors out there, um, will tell you they can cover your deductible and the only way to do that is to do something illegally. So as you’re roofing Rockwall TX contractor here at roofing and siding Smiths, we never want to do that.

We don’t want to put you at risk and we definitely don’t want to put ourselves at risk. Some other things to look for in your claim are overhead and profit. Overhead and profit is a charge that is paid out or sometimes it must be supplemented for, for anything, any project requiring three or more trades. This is paid to us as the contractor as a fee above and beyond the estimate for the repairs as a general contractor or as the contractor who’s hiring the sows for the miscellaneous trites here at roofing Rockwall TX. We do this all the time. We have many trusted subcontractors and companies that we work with on a regular basis. We’d love to handle your entire claim process. That way everything can go through one person done smoothly. There’s no questions about who gets what and what money’s going, where all the money is coming to us. We’re paying out all of the labor and you can rest easy knowing that only your deductible is what you’re going to be charged for.

I’ve mentioned supplements a couple times. Again, a supplement is something that goes out to the insurance. We request that they pay for something and they will approve that before we do the work. If the work must be done to protect your home as your roofing Rockwall TX contractor, we want to do this, um, upfront as many times as possible, but sometimes we take something apart on your roof and we find daemons that just couldn’t be seen. We’ll take many pictures, document it, and then send in the supplement. 99% of the time, the insurance adjusters and insurance companies are great. They pay this no problem as long as it can be traced back to the storm damage. Now as your TX contractor, we want you to give us a call today so we can show you just how easy this process is and how underwhelming it can be. Give us a call today as your contractor, roofing and siding Smiths nine zero three, four, five, six, nine, nine, five, six.