Filing a claim with your insurance company after your roof has been damaged from a storm is crucial to getting it the proper care. Once your roof has been inspected by a professional for damage, you’re ready to submit your claim. If the claim is stating that the damage is due to a weather-related event rather than only stating one, such as hail damage, then the insurance company may either confirm or deny the claim. It matters what information is provided, or else your claim can get denied.
Choosing a roofing contractor may take some time, but it is important to take your time to make sure you’re getting the best of the best. The most important thing to remember when you’re searching is to do your research on the company by reading reviews or contacting the company directly for more information. Not only is research important but it helps you to narrow down your search to contractors who are qualified, professional, and certified to do what they do. Once you have chosen a suitable contractor, the next step is to establish a service contract to move forward with the job. Most cities also require contractors to have a permit before doing any work.
The most important step in this stage after filing your claim is to know the difference between replacement cost value (RCV) and actual cost value (ACV). An RCV policy reimburses you based on the replacement cost value, meaning that the insurance company, itself, must pay you to replace everything listed on the contractor’s estimate. On the other hand, ACV policies only pays the appraised value of your roof or property depending on the current value at which they stand. Most insurance companies use RCV; however, it is still important to know the difference in case it does end up being an ACV policy. Knowing the difference beforehand will help the process run smoothly for both you and the contractor you hire on a roofing replacement or repair.
It is recommended that your contractor take pictures from the start of their work on your roof until the very last day. Taking pictures of your roof from start to finish will show proof that the contractor followed manufacturer guidelines. When taking pictures of ongoing repairs or installation, you’re able to use them to request a large discount on your homeowners’ insurance policy. Most people don’t know that they are able to do this. However, you can only request if you’re already getting a roof replacement.
Regular maintenance on your roof is a high priority if you want to extend its lifespan. To avoid going through another roof replacement, regular maintenance will be able to help you to maintain your roof for longer periods of time, maybe even a decade or more. That’s why looking for a higher warranty when it comes to shingles, is something to keep in mind. Some companies offer up to a 30-40 year warranty on shingles. However, others only offer a limited lifetime warranty, meaning that not every type of damage will be covered. With that being said, make sure that your roof is properly maintained in order to avoid having to file another claim.
Here is a free ebook to help you understand the process of filing an insurance claim without pulling your hair out!