Speaking of roofing...

[will-max dairy]

Our daughter and son-in-law recently had a complete re-roofing job done on their house by a reputable contractor.

They did a great job at a decent price.

No comment about that. But... this is one thing that I told her, that I think is worth repeating.

Nowadays... if you do any replacement work on your roof... keep receipts and take pictures. Keep a copy for yourself. Send a copy to your insurance company. Why? Because if you ever make a claim on that roof from storm damage, etc... their adjuster will pro-rate how much they pay according to how much life they think the roof had in it. As in... if the adjuster thinks you had a 30 year roof that's 20 years old... you'll get 1/3 of the replacement (read your own policy in this regard, there may be some that do full replacement no matter what). This is something that I would not leave up to the opinion of an adjuster in the future. If you put on a new roof, or replace a section of roof. It's in your best interest to document exactly when it was done.

 

[504]

We are seeing a lot of insurance companies not covering hail damage to steel roofs. My new shingles were paid for with full replacement coverage (on a 22 year old roof) check your insurance coverage before the storm season gets into full swing.

 

[1948CaseVAI]

We are seeing a lot of insurance companies not covering hail damage to steel roofs. My new shingles were paid for with full replacement coverage (on a 22 year old roof) check your insurance coverage before the storm season gets into full swing.

I agree it is entirely dependent on your individuall policy. I had a 30 year old roof with 20 year shingles and got full replacement for hail storm damage.

 

[sms]

I agree it is entirely dependent on your individuall policy. I had a 30 year old roof with 20 year shingles and got full replacement for hail storm damage.

It seemed like all our neighbors were getting roofs replaced for hail damage. When we got our policy renewal we noticed it is no longer covered. Hmmmmm
I couldn't see anything wrong with their roofs.

 

[jhwis]

It seemed like all our neighbors were getting roofs replaced for hail damage. When we got our policy renewal we noticed it is no longer covered. Hmmmmm
I couldn't see anything wrong with their roofs.

It's called insurance fraud. No wonder why everyone is paying through the nose for insurance. It's ridiculous. Contractors always overbid an insurance job and the morons just pay it. We all suffer.

 

[will-max dairy]

It's called insurance fraud. No wonder why everyone is paying through the nose for insurance. It's ridiculous. Contractors always overbid an insurance job and the morons just pay it. We all suffer.

More reason for honest people to:
A: Check their policy at renewal to look for changes like this.
B: Document any major repairs to your house so that you don't get shorted when you make an honest claim.

Sadly, it's the people making honest claims that run the risk of getting shorted by the insurance companies, after the insurance companies have been burned by fraud.

 

[jhwis]

More reason for honest people to:
A: Check their policy at renewal to look for changes like this.
B: Document any major repairs to your house so that you don't get shorted when you make an honest claim.

Sadly, it's the people making honest claims that run the risk of getting shorted by the insurance companies, after the insurance companies have been burned by fraud.

Yes, and the rest of us paying the premiums who don't file claims.

 

[will-max dairy]

Yes, and the rest of us paying the premiums who don't file claims.

I agree. Which is why I really don't blame insurance companies for being careful. They generally don't have a magic pot of money to pull from... maybe they used to, during the baby boom... but nowadays... with the US at population equilibrium... it's mostly pay as you go... so they need to be careful with expenditures if we want reasonable rates.

 

[Buckhammer]

It's called insurance fraud. No wonder why everyone is paying through the nose for insurance. It's ridiculous. Contractors always overbid an insurance job and the morons just pay it. We all suffer.

I have never had a home owners claim and I suffered with a $260 increase in my home owners policy over last years rate. I increased my deductible from $1000 to $5000 and that knocked $179 off from the $260. It is ridiculous.

 

[will-max dairy]

I have never had a home owners claim and I suffered with a $260 increase in my home owners policy over last years rate. I increased my deductible from $1000 to $5000 and that knocked $179 off from the $260. It is ridiculous.

Hey man... somebody has to pay Pat Mahomes and Travis Kelce to put on those Mahomes and MaAuto shirts and mug for the camera...

 

[cottonmouth]

Should an insurance company pay a wind or hail claim if you cheap out and don’t put expensive class 4 wind and hail resistant shingles on your roof.
There are ways to build to reduce claims but most build to just get past home inspection and want the insurance company to eat anything above that.

 

[Vito]

Our daughter and son-in-law recently had a complete re-roofing job done on their house by a reputable contractor.

They did a great job at a decent price.

No comment about that. But... this is one thing that I told her, that I think is worth repeating.

Nowadays... if you do any replacement work on your roof... keep receipts and take pictures. Keep a copy for yourself. Send a copy to your insurance company. Why? Because if you ever make a claim on that roof from storm damage, etc... their adjuster will pro-rate how much they pay according to how much life they think the roof had in it. As in... if the adjuster thinks you had a 30 year roof that's 20 years old... you'll get 1/3 of the replacement (read your own policy in this regard, there may be some that do full replacement no matter what). This is something that I would not leave up to the opinion of an adjuster in the future. If you put on a new roof, or replace a section of roof. It's in your best interest to document exactly when it was done.

By securing a permit with the building department in your town it becomes part of the official record of house.

Vito

 

[caterpillar guy]

I've never heard of steel roofing that was hail or wind resistant. As long as it was screwed down it usually held fine .

 

[will-max dairy]

Should an insurance company pay a wind or hail claim if you cheap out and don’t put expensive class 4 wind and hail resistant shingles on your roof.
There are ways to build to reduce claims but most build to just get past home inspection and want the insurance company to eat anything above that.

If that's the case; then when there IS damage, will the insurance company pay to replace with class 4? (honest question)

 

[will-max dairy]

By securing a permit with the building department in your town it becomes part of the official record of house.

Vito

I understand. I also understand that our town still has the wrong name on our tax bill after nearly two years. They keep saying that they'll get around to filing it... and correcting it...

I would keep my own records as a backup.

 

[Crazy Horse]

If a lot of people here at YT posted what they made at their jobs every month, there would be all kinds of people saying it's "too much" ..... except for the people with those jobs. I think you can follow what I'm saying .....

 

[jhwis]

If a lot of people here at YT posted what they made at their jobs every month, there would be all kinds of people saying it's "too much" ..... except for the people with those jobs. I think you can follow what I'm saying .....

I'd agree. As roofers go, my brother is one. I couldn't imagine working on a roof all day...day after day. Normally, what they charge is understandable. I certainly can't speak for all situations, but I know how some insurance roof jobs go. Often time one bid is accepted and it is much higher than a bid for a roof someone is paying out of pocket.

 

[Crazy Horse]

I'd agree. As roofers go, my brother is one. I couldn't imagine working on a roof all day...day after day. Normally, what they charge is understandable. I certainly can't speak for all situations, but I know how some insurance roof jobs go. Often time one bid is accepted and it is much higher than a bid for a roof someone is paying out of pocket.

Exactly JH. One other thing ....... too bad more of us didn't get into the insurance business I guess. We'd be sitting on a beach somewhere drinking a few cold ones living the good life.

 

[1948CaseVAI]

If that's the case; then when there IS damage, will the insurance company pay to replace with class 4? (honest question)

Yes they will replace with the class of material you have. Or at leaast that has been my experience. I lived for a long time in a neighborhood where class 4 shingles were required and after a major storm most homes got new class 4 roofs. I am in centrakl KS and can't understand why anyone has less than class 4 shingles because hail is so common in the springtime.

 

[will-max dairy]

Exactly JH. One other thing ....... too bad more of us didn't get into the insurance business I guess. We'd be sitting on a beach somewhere drinking a few cold ones living the good life.

Generally,

Money goes to money.

If you have enough money to own an insurance company; it's usually fairly lucrative.

If you look at Warren Buffet's portfolio, he's invested mostly in finance and insurance...

Definitely not walking up and down roofs all day.

And, with the overpriced insurance jobs, it's not the guys climbing up and down the roof that are overpaid. Usually, the people risking their lives on the roof are making 25 bucks an hour, often travelling far from home and not seeing their family every night. The real money is made on administration... the margin between materials and labor... and what the total job costs.

But, this is why Amish are winning jobs all over the place. Their administration and insurance costs are minimal compared to others.

(Come to think of it, the Amish aren't wasting their time online jawing about roofing. They're building and fixing roofs... maybe I should take some of my own advice.)

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