Your insurance rates do not automatically increase due to filing an insurance claim. Your insurance company cannot raise your rates if you file a claim due to n act of God. Generally, when a storm is labeled a catastrophic event due to hail and wind, it will affect a large geographical area. The insurance rates of properties within the affected area may increase regardless of whether a claim is filed or not. You should always feel free to call your local insurance agent to discuss your individual circumstances and concerns.
Why is my Prime Roofing estimate different than my insurance estimate?Go2Admin2022-02-03T15:13:51-07:00
A difference in price between your contractor’s estimate and your insurance estimate is very common. Prime Roofing and your insurance company use software to determine the exact cost of repairs. However, due to local price increases, missed items incorrect measurements, local building code and manufacturer specifications, you may notice a difference in the price of both estimates. Your Prime Roofing representative will contact your insurance company and make necessary adjustments to the original insurance estimate. We will meet at an agreed upon price for all repairs with your insurance company. This guarantees that you have no out-of-pocket expense for repairs, except for your deductible.
Why does my insurance check include the name of my mortgage company?Go2Admin2022-02-03T15:13:31-07:00
Your mortgage company holds the note or deed to your property and has a vested interest in the completion of all major repairs. The mortgage company is usually named on your insurance policy—therefore it is also included on your insurance claim check. Your mortgage company requires you to provide certain documentation and paperwork in order for you to receive your initial check. Your Prime Roofing representative is very familiar with this process and can help prepare all the necessary documentation and paperwork. Once the initial check is processed by your mortgage company, the check will be released back to you. This first check is usually a deposit for the purpose of initiating repairs to your home.
What does ACV and RCV imply on my insurance estimate?Go2Admin2022-02-03T15:13:10-07:00
The insurance settlement and payment is based upon your policy provisions, terms and coverage. The ACV represents Actual Cash Value. Your first insurance check is paid based on the ACV. This is usually determined by the age of your roof and the current worth of your roof today. The RCV represents Recoverable Cash Value. This is the amount paid upon the completion of all repairs. If all repairs are completed, you will be paid the additional RCV. This breakdown of your estimate can be confusing. Once all repairs are completed, there is no out-of-pocket expense incurred by you, except for your insurance deductible.
Do you do gutters?Go2Admin2022-02-03T15:12:31-07:00
Yes, this is the standard in the industry. Our subcontractors have been with us for years, and we have developed long-standing relationships with them to provide you with the best and most reliable roofing services.
How long have you been in business?Go2Admin2022-02-03T15:11:20-07:00
We offer a one year warranty on workmanship. If there is a problem with workmanship, the homeowner will generally know immediately or within the first year of the work being done. The roofing product warranty will vary based on the manufacturer.
Are you licensed and insured?Go2Admin2022-02-03T10:56:09-07:00