How Do I Handle My Roofing Insurance Claim?

Houses are essential and significant investments. Thus, when the roof suffers damage, you must repair it or replace it promptly. But, first, you must decide if you want to file an insurance claim.

If you have any doubt about how to do it, here we will explain this process.

Determining the Damage Extension

Logically, every roof is built to resist the weather. Still, intense weather can destroy even the most robust. High winds, hail, and storms may damage a roof and cause leaks, damaged shingles, and so forth.

So, the homeowner must assess the damage before making a claim. Here is crucial to have the support of roofing specialists who can provide you with an estimate. Sometimes, a problem that seems big might not be as bad as it seems. Also, a few damaged parts might look like they would be easy to fix quickly. Still, the damage might be too much for us to solve.

If there's much to fix, call the insurance company and make a claim.

Should I Claim?

Now, homeowners must consider the deductible if the insurance company accepts their claim. Before proceeding, they must assess if the repair will cost more or less than this sum.

Insurance claims have a limit. If you surpass that top, you will affect your premiums. So, we must be attentive. Filing too many claims might raise suspicions. A claim may not be necessary if the roof needs just modest repairs. But, in case of significant damage, it is the only option.

The Insurance Company Can Reject the Claim?

If you could have avoided the damage, the insurance company can deny the claim. However, damage because of wind and hail are exceptions.

But, if a low-hanging tree damaged our roof, they may reject the claim if we could have trimmed it. Therefore, anything we might have prevented, including termite damage, defective plumbing, and mold, will be enough to deny the claim.

How can a homeowner prove the harm if they don't know how to do it? Hiring a roofing contractor is crucial so you may get a complete insurance settlement.

Who Are the Assessors?

After you file the claim, the insurance company will send someone to inspect the roof. They will check if the damage is real.

It is not in the insurance company's interest to approve claims promptly. Typically, they want to give their clients as little money as possible although these companies neither will look to deceive the homeowner.

Many individuals regard insurance fraud to a goal, so they are wary.

Types of Deductibles and Coverage

Roofing insurance claims require a deductible. It is unavoidable to pay for it. In this sense, two levels of coverage will define how much we get to fix the roof.

Replacement Cost Value (RCV) is the standard coverage. This sort of coverage does not account for depreciation and covers roof repairs, less the deductible.

The other option is ACV coverage, but most homeowners dislike it since it considers depreciation. The insurer will discount depreciation and the deductible from the total sum. For example, if the roof costs $9000, the owner may only get $3000.

Checking the Estimate

The insurance company will issue a claim estimate following the evaluation. The homeowner and roofing contractor must quickly check this estimate for errors. It is always better to correct any mistake in the estimate before the contractor touches the roof. This way, you may relax knowing you are fully insured.

The Estimate Is Correct, now what?

After the claim is granted, the company lists the damages and sends the owner the first check. Typically, this check covers half the roof repair cost. The owner has determined time to repair the roof once it comes.

Generally, the first payment goes to the contractor so they can buy materials. After repairing the roof, they will send an invoice to the insurance company so the homeowner may collect the final payout. The homeowner pays the contractors the remaining balance, and the job is done.

Do You Need to File a Claim? Calling RRG Roofing is a Good Start

A trustworthy contractor can help you file an insurance claim. Insurance companies occasionally deny claims. Thus, the contractor might convince the assessor to consider all damages.

RRG Roofing prides itself on its experience and ability to tackle all roof issues. We have been in business long enough to help customers save money.

For more information, contact RRG Roofing at 678-326-4951. We service areas in Dahlonega, Blairsville, Hiawassee, and Alpharetta, GA.