Roof Insurance Estimates Explained-At A Look

By on 7-14-2021 in Roofing

We can begin by determining whether or not there is a claim phone number for you to call if you pull that out. After you’ve found the claim number, check over your policy to see how much your roof deductible will be. Why not check here https://rainierroofing.com/roof-insurance-estimates-explained/

Determine the Amount of Your Roof Deductible

Many policies offer separate insurance for roof damage caused by wind and hail. A claim made due to a hail storm, for example, would have a different deductible than a claim submitted due to a slab leak. To find out, you’ll have to search through your documents. Look for deductibles that include the phrases “storm,” “hail,” or “wind.” These deductibles can range from $250 to several percentage points of your home’s worth (for example, 1%, 2%, or even 5%).

Although it may appear that your roof deductible is unimportant, the truth is that it is. If your deductible is 5% and the value of your house is $350,000.00, your deductible will be $17,500.00. While your roof could cost more than $17,500.00, you’re unlikely to get much benefit from submitting a claim unless you have a very expensive roofing product such as slate, stone-coated steel, aluminium, slate, or a heavy shake wood roof.

Contact an Insurance Agent in Your Area

Once you’ve decided whether or not to proceed depending on your homeowner’s deductible, you’ll need to contact your local insurance agent to inform them of the situation. Did you get hit by a hailstorm? Are there any shingles on your roof that have been blown off? Tell your agent everything that transpired, as well as the date of the loss. That’s significant because your insurance adjuster will need it to come out and evaluate the damage before filing a claim and cutting a check. Make an appointment with your insurance adjuster.

Their insurance adjuster will most likely contact you within 24-48 hours. In the event of a large storm, most major insurance companies will either have local claim adjusters on hand or will send in catastrophic staff to assist. When the insurance adjuster phones, request a visit on a day and time when you’ll be home. Making your own list of damaged stuff before the adjuster arrives is always a smart idea.

You might also wish to contact a reputable local roofing business for assistance in preparing a professional roof repair or replacement quote. They will not bargain with your insurance carrier on your behalf, but they can assist you in determining what needs to be fixed and why.