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How to Negotiate Roof Replacement with Insurance

How to Negotiate Roof Replacement with 3 Best Insurance

How to Negotiate Roof Replacement with 3 Best Insurance

If a storm damages your roof, you pay your insurance premiums. That’s why it isn’t enjoyable when your insurance provider offers to replace a portion of your roof.

Homeowners become so frustrated that they ask roofing contractors, “How do I negotiate a roof replacement with my insurance company?” Although the term “negotiation” isn’t always appropriate, specific strategies increase your chances of getting approved and having the entire amount reimbursed.

The staff at Bill Ragan Roofing has been assisting and counselling homeowners during the insurance claim process for over 30 years. I’ll help you in understanding what you can do to advance the approval process as a result.

The following steps are listed in this article to help you get your insurance claim approved:

Check your insurance coverage to see if a complete roof replacement is covered.

Obtain photographic proof of any collateral damage, including roof damage.

Know what to do if your insurance company rejects your roof damage claim.

Add to your claim for roof damage insurance.

Make use of the ITEL procedure and applicable laws.

Check your insurance coverage to see if a complete roof replacement is covered.

Before further action, you should evaluate your insurance policy to ensure a solid foundation. This is so that your policy can assess whether or not insurance pays for a complete roof replacement.

You will either have a Replace Cost Value or an Actual Cash Value policy on your insurance documentation. Although the payment for each coverage is the same, the amount of insurance varies greatly.

Policy of Actual Cash Value

Your roof’s depreciated value is the sole amount you will receive if your policy is Actual Cash Value (ACV). With this coverage, the insurance provider must only pay you the amount your roof is worth when the claim is made.

You will need to pay the remaining amount out of pocket for a complete roof replacement because this will not be sufficient to cover the entire cost. Finding a roofing contractor who will work for the ACV compensation can be possible, but this ensures low-cost supplies and labour.

Sadly, this lower-quality work and labour from the start set up your roof investment for early failure.

Policy on Replacement Cost Value

The expense of replacing your roof is covered by insurance if you have a Replacement expense Value (RCV) coverage. Your insurance company will first retain recoverable depreciation and provide a cheque for the roof’s actual cost value.

After the work is finished, you’ll get a second cheque for most or all of the amount, and you can demonstrate that the claim is completed. The insurance company will only cover testing your new roof to its original state.

If you wish to improve, you’ll have to pay the difference, such as switching from 3-tab to architectural asphalt shingles.

Obtain photographic proof of any collateral damage, including roof damage.

The insurance company requires clear proof of the claim’s viability when it files one. Obtaining photo evidence from a roofing professional during a storm damage examination is the most effective way to accomplish this.

Any parts of the roof with missing shingles, lost granules, hail marks, metal dents, or anything else that appears to be storm damage will be marked with chalk. As a result, the damage is more straightforward to perceive, and the insurer has obvious points of reference.

They will take pictures of everything to send to the insurance company after noting the damage to your roof. Following the inspection of your roof, they will search the area below for any indications of collateral damage and record them.

The following is a list of items to inspect from the safety of the ground for damage visually:

Dents in downspouts (above five feet, so a lawnmower is not the cause)

Injuries or dents in your garage door

How to Negotiate Roof Replacement with Insurance
How to Negotiate Roof Replacement with Insurance

Your window screens are holey.

Any painted wood or shutters with dents

Dings or splatter marks on your grill, air conditioner, or electric meter

dents in the delicate metals on your property, such as your mailbox

Shingles on the surrounding land

As I mentioned, the most straightforward approach to obtaining convincing proof that your roof has storm damage is through photo documentation. However, there needs to be assurance that your claim will be accepted even with supporting paperwork.

Know what to do if your insurance company rejects your roof damage claim.

After reading your insurance policy and obtaining documentation, you are prepared to submit a claim. You’ve already won half the fight if your claim is accepted.

However, the “negotiation process” with your insurance provider starts when a claim is rejected. Just be aware that there are reasonable grounds for refusing a claim, such as incorrect installation, insufficient attic ventilation, filing a claim too late, or policy exclusions.

But you have a few choices if your claim is rejected because harm was not discovered. Your first action should be to ask your insurance company for a second view from a different adjuster.

They will either concur with the first adjuster that there is no roof damage or approve your claim. The next step is to contact a structural engineer if the second adjuster declines your claim and you still wish to pursue it.

They will examine and provide the insurance company with more evidence that the roof structure needs to be replaced. You have two options if something else is required: accept the refusal or register a complaint with your state’s insurance commissioner.

This is typically the final option, and it can be effective in certain situations. However, you ought to take this action only in cases where the insurance provider is unreasonable, and your roof has visible damage.

Add to your claim for roof damage insurance.

Once the insurance company has approved your claim, you’ll receive an estimate for the amount of work needed to replace your roof. Regretfully, essential line items should be included in forecasts by insurance adjusters.

Several even omit several line items necessary to guarantee that your roof conforms with the building requirements in your state. The bargaining with your insurance provider starts when these unapproved line items are covered.

We call this type of bargaining “supplementing.” Completing an insurance claim entails conducting the necessary research and exerting effort to ensure that the insurance company’s estimate includes all relevant information.

This covers all of the following: labour, dump fees, overhead, profit, and all line items (including local codes). Reputable roofers will assist you in doing this. However, their methods will vary.

For instance, I offer a checklist that includes every line item that ought to be on an insurance estimate. This enables our clients to review a claim, fill in any gaps, and return it to their insurance provider for approval.

Regrettably, some insurance providers discourage supplementation, particularly regarding costs like overhead. However, if your coverage is RCV, the insurance provider should cover all the expenses a roofer requires to complete the job profitably and correctly.

If your insurance company doesn’t replace your complete roof, use the ITEL process and applicable legislation.

Your insurance company may only offer repairs rather than a roof replacement, even if your claim is accepted. If this occurs, You have two options: either get the repairs or fight for the benefits your policy is meant to provide.

You combat by using the ITEL procedure and matching laws, if any are applicable in your state. Let’s examine how each benefits you when negotiating an insurance-backed roof replacement.

How does matching legislation result in an insurance-funded roof replacement

Tennessee’s Law 0780-01-05-.10(1)(b) specifies the following:

Suppose a loss necessitates the replacement of items, and those replacements differ in quality, colour, or size. In that case, the insurer will replace the items per the relevant policy conditions to ensure a uniform look. This covers both internal and external losses. The insured will not be responsible for any additional expenses if there is a deductible.

According to this rule, if no shingles match the colour of your current roof shingles, the insurance company must replace your complete roof. The shingle may be discontinued, out of stock, or unavailable. It’s also possible that wear and tear has caused the colour to fade.

The insurance company will be responsible for covering the roof replacement cost if you reside in a state that allows it and cannot obtain shingles that precisely match your existing roof.

How the ITEL process facilitates an insurance-funded roof replacement

If the insurance provider objects to matching, you will then need to use the ITEL procedure. ITEL Laboratories Inc. examines and pairs the components of your house, such as the flooring, roofing, cabinets, and siding.

The ITEL report is primarily used for roofing, allowing you to determine the colour and manufacturer of your existing shingles. Sending a shingle sample or the entire shingle to the lab for examination is the first step in the ITEL procedure.

Following sample analysis, they will send you a report including the brand and exact colour of the shingle on your roof. This assessment establishes whether matching laws require the replacement of your entire roof or whether repairs may be completed using the same shingle.

The matching law applies if the shingles are discontinued or don’t match the colour of your current roof. Just be aware that matching rules are expressly excluded from some insurance policies.

Thus, before beginning the ITEL procedure, review your policy and any applicable exclusions.

To replace your insurance roof, how do you locate a roofing contractor?

You’re now prepared to “negotiate” a roof replacement with your insurance provider. But keep in mind that if it’s what you’re entitled to for paying those insurance premiums, then it’s not a negotiation.

If there is storm damage, the insurance company should rebuild the roof—you might have to do some labour. The good news is that your roofing contractor is with you during this procedure, so you’re not alone.

Sadly, when insurance is a factor, unscrupulous roofers take advantage of homeowners. For this reason, while obtaining an insurance roof replacement, you must know what to look for and how to recognise a roofing contractor.

To locate a trustworthy roofer with insurance experience, see 5 Tips to Hire a Roofing Contractor for a Roof Damage Insurance Claim.