Once the storm has passed your area, the next thing you’ll need to handle is filing an insurance claim for your storm-damaged home. After you’ve successfully done so, you need to read and understand the proof of loss statement. This could be daunting for homeowners, especially if it’s their first time around it. In this post, one of the leading storm damage repair and asphalt roofing companies, ExteriorPros, helps you understand insurance estimates and storm damage claims.
Assess the Damage. Before you check out the damage, make sure that you document and take photos of the damage, and save backups of it on the cloud. Create a list of every component or material that has been damaged and needs to be replaced. This can be done with the assistance of a local roofer who is familiar with storm damage claims. This helps you understand the cost of your loss better than your insurance adjuster, and helps you see if the numbers check out.
Secure a Statement of Loss. Your roof replacement and repair expert would tell you to secure a physical copy of the statement of loss provided by the insurance adjuster. The property owner needs to be present when this is being written down. Your adjuster will hand you a copy of the statement after they have finished their assessment.
Review the Statement of Loss. This document will show how much it will cost to repair or replace each item, the depreciation or the money held back until the repairs are completed, and the protected actual cash value.
Give All Your Repair and Replacement Estimates. Gather all your estimates and forward them to your insurance provider when filing your claim. If the claim is approved, your insurer will adjust the depreciation section to show the true repair or replacement costs. They will then forward a check to cover these expenses.
The search for trustworthy roofers and siding contractors ends here. Call on the experts from ExteriorPros! Our goal is to provide our clients superior workmanship, quality products, and excellent customer service. Your satisfaction is our business. Contact us at (301) 632-5111 or fill out our contact form for a free, no-obligation consultation.