I filed a claim for hail damage on my roof. I had a roofing company meet the adjuster, but haven’t signed anything with them. My insurance company took the adjuster’s report, calculated ACV, added on Recoverable Depreciation, subtracted my deductible, mailed me a check, and closed the claim. So as best as I understand, this is the money I have to go get a new roof. I talked to the insurance company a bit about it, and they said if it ends up being more than that, submit them the paperwork and they might send me a supplemental check. If it ends up being less, then that’s their mistake and I should go buy an xbox.
So I’ve gotten several quotes now. And there are a couple of companies that have come in a couple thousand under the amount on my check. And as far as I can tell, in some cases they are using better materials than called out by the insurance company estimate. So I feel like this seems like the best deal, and I’ll have some extra cash leftover. I’ve been wanting to add some gutters anyway.
But the original roofing company that met the adjuster feels like I should go with them. And they’ve been great. BUT, but they won’t give me a quote without seeing the insurance company’s estimate. And I’m like, give me a quote and THEN I’ll let you see the insurance estimate. They say they can’t charge me less than what insurance gives me or it’s illegal, which I think is wrong in this case (in the way that my insurance has treated the claim). And they say they’ll work with insurance to get more money if insurance missed something, but I feel like I can do that anyway with any roofer. It shouldn’t stop them from giving me a quote up front. So I feel like they’re going to charge me what my check is, then add on extra for the better materials. I feel like this is not the best value.
Are they wrong? Am I wrong?