Homeowners sign a contract with the Insurance Company agreeing to the policy. That Policy generally includes a deductible of the homeowners choice at sign up. That deductible means that the homeowner is responsible for that potion on any claim made. This is a legal agreement the homeowner has with the Insurance Company. When choosing a deductible choose wisely, how much can you really afford to pay out of pocket in the event of a claim?
When choosing a Roofing Contractor make sure their company is legit and that they are local.
Beware of using Contractors that are out of state "or are Storm Chasers" / "Drive by Roofers". They generally don't have the reputation to deliver quality products and craftsmanship.
Beware of Roofing Companies that often fail to mention that Homeowners using their insurance to cover their loss are responsible for paying the deductible. Example: If project is $5000 and Insurance gives you $4000 and your deductible is $1000, you the homeowner are responsible for paying the contractor that $1000 as agreed per your Insurance Contract.
With that said, BEWARE of Contracting Companies that are willing to " eat the deductible" to gain your business. Phrases you will often hear are "We will waive your insurance deductible", we will reimburse you for your deductible", "you can get your roof at no cost", "we can offer you deductible assistance" This is poor business practice, unethical and illegal. This is known as Insurance Fraud which is a Criminal Offence and not only will the Contracting Company be held responsible so will the Homeowner.
If a contractor is willing to commit fraud to an Insurance Company, why would they not be willing to defraud their Customers.
Again, keep in mind that as an Insured Homeowner you are bound to a contract in regards to a deductible. When you ask a Contractor to do something about your deductible this is Fraud.
Those offering to eat the deductible could also be inflating the price of the project, using lower quality products and poor craftsmanship. Think about it, if they are saying they will "eat" the cost of cost of the deductible - what kind of profit do you think they are really making?
It's always best to find a Local Experienced and Established Contractor with a Great Reputation, Reviews as well as an accredited contractor with the BBB to handle your projects. In addition look for a Local Established Contractor who is honest, fair and uses quality products that will hold up for the lifetime of your roof as well as quality craftsmanship. Look for one that will back their work and gives warranties on the products used.
We hope you found this blog useful and that it helps you make the best decision possible.
Contact us to see how we can help you with your roofing and gutter needs. https://www.lifetimeroofingandexteriors.com/contact We service Wake Forest, Youngsville, Raleigh, Franklinton and Franklin and Southern Granville County in North Carolina,