Insurance Claims

Insurance Claims

Hailstorm, wind and cyclone damages are considered an insurance reduction on your resident’s policy. Most insurance policy firms will pay the entire expense, less your deductible, for changing the roof covering if it is harmed. The case is also considered a natural catastrophe and does not count against you for future fee rises. Outstanding Roof covering focuses on accident and weather condition related damages repair work and replacement; consisting of exterior roof covering, rain gutters, siding, widows; and indoor paint, sheetrock, ceiling structure, flooring, and carpet cleansing. We will certainly aid you handle your insurance policy company and meet your insurance coverage adjuster if asked for. Our participation avoids you from acquiring stuck to a negotiation that will not cover your costs, and even worse, getting refuted. With Excellent Roofing you pay no out-of-pocket expenditure besides your insurance coverage deductible. We accept accept exactly what your insurance policy company will certainly spend for the claim, featuring your insurance deductible, and make sure the best repair or substitute. You could additionally take advantage of upgrades that we normally offer as signing motivations, such as updating the consumer from 3-tab tiles to home roof shingles at no additional cost. Our business is likewise the most credentialed roofer in the Mid-South, and our workers are educated to the greatest standards.

Our Process

We ask that you offer us with a copy of your insurance policy adjusters summary record so we can evaluate the scope of work and examine all measurements to guarantee all damages is relatively assessed and reported properly
Second, we match our agreement to the work pointed out in the insurance policy adjusters summary record, consisting of any supplements that could have to be included if the insurance coverage adjuster missed out on something.
Third, we fax the signed agreement to the insurance policy business.
4th, if there is a home mortgage on the house, the home mortgage business’s name will most likely be on the check together with yours. Most most likely there will be numerous kinds to be completed and sworn. We supply our Fed Ex lover account for you to over night the check for recommendation and forward the papers should procedure.

Insurance Claims – FAQ

Q. How do I know if I hail damage? My roof isn’t leaking.
A. In a hailstorm, most hail that hits your roof and house may be too small to cause any damage. However, a percentage of the hail may be large or irregularly shaped, which can cause severe damage that may not be readily apparent and may not start to leaking for some time. It’s best to have your roof inspected by a state licensed roofing contractor to determine if you need to file an insurance claim and have an insurance adjuster assess the total amount of damage incurred.
Q. The insurance company withheld depreciation on my roof. Will I get that money?
A. Yes. Most all house owners plans cover full substitute worth. The first check the insurance coverage company gives you is the Actual Value (AV); exactly what the roof is worth today with it’s helpful continuing to be life. The cash that was kept is call the depreciation, or technically, the Replacement Value (Recreational Vehicle) and will be paid to you when the job is completed or the majority of times after the submission of an authorized agreement with a certified specialist for the work specified in the insurance adjusters recap record.
Q. Why did the insurance company withhold depreciation?
A. There are two reasons that the insurance companies hold some money back. The insurance companies reason that, if you are given all the money to begin with, many people would naturally try to find a contractor who would perform the job for the dollar amount in hand. By holding a retainage amount, they can adjust the amount of the final payout based on the roofing contractor’s invoice, thus assuring that the customer does pay the deductible.
Q. How can I avoid paying the deductible?
A. Legally, you can’t. Of course, a roofer in collusion with a homeowner can submit falsified invoices. However, doing so is insurance fraud. Please don’t ask us to do this.
Q. On my paperwork, it looks like my insurance company has already deducted my deductible from the check they sent me?
A. There are two factors that the insurance companies hold some refund. The insurance firms factor that, if you are provided all the cash to begin with, many individuals would naturally look for a contractor who would carry out the job for the dollar amount in hand. By holding a retainage quantity, they could readjust the amount of the last payment based on the roofer’s invoice, thus assuring that the customer does pay the insurance deductible.
Q. The insurance is only paying for part of my roof, and my neighbor’s insurance company paid for their entire roof; why is my insurance company only paying for part of my roof?
A. No two houses receive the same amount of damage in a storm. Your neighbor may have sustained extensive damage, and you may have received none. The insurance company will only pay for the actual damages incurred. If the entire roof was not damaged, unfortunately the insurance company can not pay for the whole roof. However, if is it border line, it always helps to have your roofing contractor inspect the roof with your insurance adjuster to accurately assess all damage to the roof. Occasionally insurance policy adjusters might not have the ability to see all the damages if they’re unable to stroll on an action roofing system and picture particular locations. Outstanding Roof makes sure a handy presence to keep an eye out for your finest interest and help the insurance coverage adjuster if required with damage control, pictures, and measurements.
Q. Should I get several estimates?
A. It is always prudent to get more than one estimate. However, when insurance is paying for the work, the dollar amount of the estimate is not very important as long as it is equal to or less than the insurance company estimate. In all such cases, with Excellent Roofing, you will only be paying your deductible, so your cost with us will be what the insurance company pays, plus your deductible. Therefore, your decision should be based on going with the contractor that you feel most comfortable with and whom you feel will perform the best job.
Q. What if your estimate is greater than the insurance company’s estimate?
We can almost always work something out with the insurance company. The insurance company will review the supplement and upon approval, send a check for the additional monies needed to make the repairs.