When Texas storms cause roof hail damage, wind damage, rain and water damage, it is oftentimes covered by insurance. Insurance companies vary on documentation needed for a valid claim, but all share some common ground. When reading any insurance policy, interpretation and understanding is everything. Before you get too comfortable with the idea of a brand new roof with no out of pocket expense from you, there are things you must know as property owner and policyholder.
There’s usually a deductible involved. Depending on your policy, this could range from a few hundred to a few thousand dollars. The insurance company sends out an adjuster to estimate the cost of the roof repair or replacement (which is based on a number of criteria). Your deductible is then subtracted from that amount and the balance is paid out to you and/or your roofing contractor.
Your damaged roof’s previous condition and age will be factored in. Expect depreciation. The cause of your damage may or may not be covered by your policy. Your insurance agent will advise you on your particular coverage.
Your settlement will depend on the amount of coverage you took out.
Your new roof may require an upgrade to new building codes. Your insurance company may or may not cover the difference in cost of new code requirements between the old roof and the new roof. Be sure to ask your insurance agent.
Depending on where you live, windstorm engineering may be required. The homeowner is responsible to pay for the windstorm engineer’s fees.
Be aware! If a roofing company offers to refund you or deduct a portion of your balance owed from the insurance claim, this is insurance fraud and you as the homeowner could have repercussions. When you work with Cornerstone Roofing, you can rest assured we know the insurance claim process and abide by the guidelines.
Cornerstone Roofing, understands that the claims process may be new to you and will assist wherever needed, including coordinating inspections in order to return your life to normal as soon as possible. We inspect your roof and prepare a full report of the damage, including diagrams and pictures, along with an estimate (including scope of work), to repair or replace your damaged residential or commercial roof.
We will explain the different materials available to you and their warranties (how long and if they are transferable). Style and color will have to be considered, balancing personal taste with architectural style. This is also a perfect time to improve inadequate attic ventilation, if needed and add or replace gutters. From the initial estimate to final clean-up, Cornerstone Roofing will complete your storm damaged roof repair or replacement with quality and integrity, it’s the cornerstone of who we are.
5 Steps to the Insurance Claim Process
Have us inspect your roof.
If you have damage, make an insurance claim. Not sure how? No problem, we can walk you through the process.
Have us represent you and meet with your insurance adjuster during his/her inspection.
We will coordinate with you to get your roof replacment scheduled.
Your deductible should be your only out-of-pocket expense.