Dealing with filing a hail damage insurance claim can be daunting. Denver Roofing Inc. has had great success working with hail damage claims and insurance companies as well as building those relationships over the years. When you have experienced roof damage and need to start an insurance claim, give Denver Roofing Inc. a call and we will assist you every step of the way.
Over the years we have had great success working with insurance companies and we know the processes required to help them process your hail damage claim efficiently and properly. We also focus on making the process as convenient as possible for you.
Roofing Insurance Guidelines
Here is a general guideline that will help when it comes to working with your insurance company, but remember that this is a general guideline as all insurance carriers have their own methods of processing hail damage claims:
– Contact Denver Roofing Inc. to schedule a free on-site evaluation. We will determine if hail damage or any other roof damage has occurred and to what extent.
– If damage is verified, contact your insurance agent to request an inspection. An insurance adjuster will be assigned to inspect and evaluate the loss.
– Be sure to take pictures of any hail damage prior to any repairs. It is a good idea to have pre-damage pictures of your house as well.
– Your agent can then authorize any temporary repairs that are necessary which prevents any further damage to your property.
– Your insurance company will request receipts for any emergency repairs that are done so they can reimburse you correctly.
Once an inspection has been completed, a claim sheet will be provided outlining the scope of hail damage and the funds that will be made available for the damage. The insurance claims adjuster will provide you with an itemized explanation of your claim settlement, including your deductible amount and previous depreciation of your roof.
Most homeowner policies allow coverage for full replacement cost provided the repairs are actually completed. In these cases, the depreciation is deemed recoverable and the final payment is made after your receipts have been submitted and processed. It other words, the insurance company will pay for the amount, less the depreciated amount initially and will then pay the full amount upon proof the work is complete.
NOTE: All insurance companies have their own method of processing claims. This is just a general guideline to get you started.
Insurance Claims FAQs
Q. How do I know if I have hail damage? My roof isn’t leaking.
A. In a hailstorm, a lot of hail that hits your roofing system and residence might be too little to trigger any kind of damage. Nevertheless, a percentage of the hail could be big or irregularly designed, which could trigger serious damage that may not be conveniently noticeable and could not begin leaking for some time. It’s best to have your roofing system evaluated by a professional Denver roofer to establish if you need to file an insurance coverage case and also have an insurance coverage adjuster evaluate the complete quantity of damage incurred.
Q. The insurance provider withheld depreciation on my roof. Will I get that money?
A. Yes. Most homeowner’s policies cover complete replacement value. The first check the insurance company provides you is the Actual Value (AV); just what the roof deserves today with its useful staying life. The money that was held back is called the depreciation, or technically, the Replacement Value (RV) and will be paid to you when the work is finished or most times after the entry of an authorized agreement with a qualified service provider for the work defined in the insurance coverage adjusters recap record.
Q. Why did the insurance provider hold back depreciation?
A. There are 2 reasons insurance providers hold back some money. The first factor is to make sure that you get the job done. Previous experience has revealed that, if they offer the consumer all the cash in advance, lots of people wind up spending it on something else. The second factor is that they want to make sure that you pay your full insurance deductible. The insurance provider reasons that, if you are given all the money to start with, many individuals would naturally search for a professional who would certainly do the job for the buck amount in hand. By holding back an amount, they could readjust the amount of the last payout based upon the roofer’s billing, hence guaranteeing that the customer does pay the insurance deductible.
Q. How can I prevent paying the deductible?
A. Legally, you cannot. A roofing contractor in collusion with a homeowner can send falsified billings. Nevertheless, doing so is insurance fraudulence. Please don’t ask us to do this.
Q. On my paperwork, it appears like my insurance company has already deducted my deductible from the check they sent me?
A. When many people look at their insurance coverage documentation they are puzzled, since they assume the insurer subtracted their insurance deductible from the money the insurance company has sent them. Nevertheless, the insurance deductible is the quantity that the homeowner is in charge of paying straight to the professional. The insurer subtracts the property owner deductible quantity on the documentation from the complete quantity the insurance company allows for the case, considering that the property owner will pay their insurance deductible straight to the service provider. The balance after deducting is what the homeowner will pay straight to the contractor, as a deductible is the overall quantity the insurance company will really pay for the case.
Q. The insurance is just paying for part of my roofing system, and my neighbor’s insurance company paid for their whole roof covering; why is my insurance company only paying for part of my roof?
A. No two houses obtain the very same amount of damage in a storm. Your neighbor may have suffered extensive damage, and you might have received none. The insurer will only spend for the actual problems sustained. If the whole roof was not damaged, the insurance provider cannot spend for the entire roof covering. Nonetheless, if is it border line, it always helps to have your roofing contractor examine the roofing system with your insurance policy insurer to precisely assess all damages to the roof covering. Occasionally insurance adjusters might not be able to see all the damages if they’re not able to stroll on a step roof covering as well as photo specific areas.
Q. Suppose your price quote is more than the insurance provider’s quote?
A. Typically this is as a result of something the insurance coverage adjuster missed in the range of job to be finished. We could almost always conspire with the insurance provider. We will send just what is called a “supplement” with documentation through images, measurements and documentation. The insurance provider will examine the supplement as well as upon approval, send a check for the extra monies had to make the repair work.
DENVER ROOFING INC. OFFERS FREE INSURANCE CLAIMS ASSISTANCE.
Call us for a FREE estimate and consultation. Whether you’ve experienced hail damage from one of Colorado’s infamous hail storms, or you have roof damage that has worsened over the years, Denver Roofing Inc. is here to help.