If you have ever been involved with an insurance claim, on your property, then you know that it can be a big headache if it isn’t handled by a professional. We see it all of the time, a homeowner files a claim and their insurance company approves the repairs. However, the estimate falls short of what is needed to repair the home. This situation is exactly what “insurance supplements” are for.
There is a laundry list of things that are commonly excluded from the initial insurance estimate. Depending on the company and adjuster, you can get a really solid estimate or one that is bare bones. For the contractor, we are bound by the law to install a roofing system that meets the local codes. Therefore in almost every case, the code says we have to install items that are not included in the estimate. When this happens, the contractor should document the condition and bill the insurance carrier for it. Unfortunately every day we see work done by cheap and unscrupulous contractors. They waive a deductible and install as little as possible. Then they collect a check and disappear into the wind. This is when insurance supplements come into play.
For companies out there like Big Time Roofing, that care about the quality of the roofing system for our customers. Then we supplement the insurance company for items left off the estimate is essential to our long-term viability. If you are giving away work you won’t be doing it for long and we intend to serve our customers for many years to come.
So when you are working with a contractor and they explain that the initial estimate may have been for $20,000 but the final price could be higher; it is because they are billing the insurance company for legitimate costs they incurred to make sure your home got the best service and system possible!