Replacing Your Roof And Moving Forward After The Storm

It happens all too often here throughout the Denver Metro area.

A quick moving storm builds and rumbles through on a summer afternoon, leaving devastation in its path. The winds kick up, hail dumps down, and before you know it, a linis your roof ready for fall Replacing Your Roof And Moving Forward After The Storme of homes becomes the latest victims of the storm. Roofing material flies everywhere, and leaks start to form rather quickly. Its imperative to take action immediately.

The first step is to contact your insurance agent to assess the damage and start the claims process. The adjuster comes out, evaluates the situation, and provides you with a loss statement that itemizes the dollar amount being allowed for each component of the damaged property. It will provide you with a variety of roofing terminology that may mean nothing to you. It may say things like:

·      The number of squares to be removed
·      The number of squares to be replaced

It may be specific about the characteristics it will cover:

·      Replace steep roof
·      Remove high roof

It may also add in an allowance for other roofing factors:

·      Roof vents
·      Pipe jacks
·      Chimney flashing
·      Skylight flashing
·      Ridge caps

And to sum up the damage, the loss statement will provide you with a total dollar loss amount – the amount they will cover for replacement of your damaged roof.

With dollar figure in hand, its time to find a roofing company to handle the repairs as quickly as possible. Yet this is where the trouble can begin.

If the insurance company gives you $12,000, for example, why would the bids come in all over the board? Why is one for $8,000, and one for $15,000?

Never take a dollar amount at face value. Roofing companies are all run in different ways, and its important to understand your final quotes before you sign on the bottom line.

Some companies may lowball the bid, coming into town specifically after big storms to attempt to bring in as much business as possible. They will use old materials whenever possible, and provide anything but quality products for replacement. Labor? They may be putting you at risk by hiring “off the books” and not having adequate insurance for the job. And when you have problem a short time down the road … they’ll be long gone.

Some companies may not provide you with a full bid. They provide you with the amount they can see, knowing full well they may add in more costs once they remove the current roofing material and find out what’s underneath. The quickest way to understand the bid from a company like this is ask where extra fees may be incurred. If they start in with a list, you know extra fees will be incurred.

In some cases, a higher bid may flush out the fact that your insurance company did not provide you with full loss value. They may be providing funds for roofing materials, leaving out funds for things like flashing with the assumption they won’t be replaced anyway. If a quote is higher, ask the roofing company why. What do they include that may not be covered in the insurance claim?

In some cases you can go back and refute the insurance company’s claim, requesting the additional funds for damage. In some cases, you may be required to make up the difference. Yet knowing will give you full knowledge of what the job entails, and help you make the right decision for your situation.