This is for a re-roof for an ~18 year old roof in the Houston area. The insurance adjuster came out, did a thorough inspection and found hail/storm damage. Given the age, though, there is a good amount of depreciation (~50%). So the ACV is much smaller amount (after deductible) and the recoverable depreciation is the larger amount.
I have been working with one roofing company so far - Found via local reviews (Google, Yelp, BBB etc.). I WILL be dealing with the contractor and insurance company separately (i.e. I have not assigned the roofing contractor to work with the insurance company directly). This is a strictly roofing company - they do both commercial and residential roofing … I read through several posts in this forum and would appreciate some feedback on a few points:
a) Cost: The contractor mentioned that the insurance company estimated the cost of re-roof accurately - so the cost is exactly as outlined (the detailed estimate from the insurance company does provide a line-by-line explanation of costs). Intuitively, I have no particular reason to disbelieve this. Though I’ve never had to deal with homeowners insurance - I’d be hard pressed to imagine that the insurance company would be paying anything beyond an average cost of what it actually takes … (this is my interpretation of having seen how insurance handles medical claims) …
b) What it works out to: The house is 2-story, the estimate mentions a pitch ranging from 6.5 to 8.5. The area is for 47.2 Squares. The cost works out to $382/SQ. The proposed replacements (or scope of work) are:
- GAF Timberline HD (Lifetime architectural). I am confused on the “lifetime” as in some places it mentions 50 year… From what I read here, these warranties are worthless
- Synthetic Underlayment
- Install new decking / flashing as needed (there is a chimney)
- 10 year leak free warranty (from contractor)
c) Contractor: As mentioned above most of my vetting has been via social media only. Though the overwhelming majority of reviews are positive. My only hesitation is when I read a complain from one reviewer - who mentioned that his/her initial 5 star rating was because of a “gift card” provided by the contractor - which he/she retracted after the roof started leaking and the reviewer was having trouble getting the contractor to do anything about it … But, having been in the customer service industry (not roofing), once in a while we all face these difficult to satisfy customers … I’m bothered nonetheless …
d) Other red flags: I’m going by several posts I read here:
- The contractor mentioned that the job can be scheduled in about 2 weeks. From what I read here, the reputable roofers have jobs scheduled out for a couple of months?
- The job shouldn’t take more than a day maximum to complete … This sounds too fast for me …
There is a possibility that I’m being overcautious on the above two points. But, would appreciate some insight.