What You Need To Know About Roofing Insurance Claims

Has your roof been damaged by a storm or some other natural disaster? This can be a really stressful time for businesses and homeowners. After checking that everyone is safe, the first step is to start making insurance claims for roofing.

Understanding roof insurance claims as a homeowner or business owner is essential. When a disaster happens, most people are left asking themselves what their initial step should be, what roof damage is covered under their insurance, and so on.

In order to help you understand how insurance works for roofing clams, we have listed down everything that you need to know.

Louisiana Insurance Laws for Homeowners and Businesses

There are different types of insurance laws for homeowners and businesses in Louisiana.

Homeowners

• The Basic Form
• The Broad Form
• The Special Form
• The Tenant’s Broad Form
• The Comprehensive Form
• The Special Condominium Form

Businesses

Businesses have what you call business property insurance. If you are operating a business outside of your own home then this is the insurance policy that you should consider. This will protect your company property and personal liability in the case that someone gets injured in your home because of business activities.

Types of Homeowners Insurance Coverage

It’s safe to say that all insurances are not the same. Thus, if you choose to pay less for homeowners insurance, you will most likely get the least amount of coverage.

In the United States, there are numerous forms of insurance for homeowners that have become standardized in the industry. They are listed from HO-1 all the way to HO-8 and they offer different levels of protection depending on one’s needs and type of residence.

There are three levels of coverage:

• Actual cash value
• Replacement Cost
• Guaranteed (or extended) replacement cost/value

Louisiana Public Adjuster Statutes

When making insurance claims, a public adjuster is involved. He or she is the one in charge of handling professional claims and advocates for the policyholder to assist in negotiating the insured claim. They all have different roles in different states and the same could be said in Louisiana.

A public adjuster in Louisiana is ordered by law to do the following:

• They may charge the insured a reasonable fee
• They are not allowed to enter into any contract or arrangement between the insured
• They may not pay a service fee or commission to another public adjuster
• They are not allowed to take on a service if they are not licensed

Should I Contact a Roofer or Insurance First?

If there was unfortunate weather that hit your area and you think that you may have roof damage, the initial step is to call your local Louisiana roofing company. You have to give them all the information that they need and what happens next will depend on the roofing contractor’s insurance company.

Some companies will schedule an adjuster to take a look at the damage and the service insurance claims. After he or she has done the inspections and has made approvals for your claim, your roofing company can start on repairs.

There are some cases where an insurance company might tell you to get a roofing contractor to inspect the roof damage before sending out an adjuster. However, you won’t know what to do until you reach out to your insurance company.

No matter what happens, you should always call your insurance company for roof damage insurance.

How Do Roofing Contractors Work With Insurance Companies?

Roofing contractors play a huge role in making sure that you get the full amount from your insurance Louisiana roofing company. While these insurance companies and adjusters are experienced in their accurate assessments of your insurance claim, you still need a residential roofing company to be there for you.

Here are the steps they take to work with each other:

• Take notes: They have to take note of the roofing damage. They also have to take into account any evidence to avoid any false claims.
• Meeting: They both have to schedule a meeting to get a quote of what is needed for the roof repair services.
• Repair: This is the part where the roofers do a roof repair for any damage that has been done.

Roof Supplement Claim

A roof supplement claim is a great way for roof repair contractors to make sure that they are getting paid an accurate quote and that the adjuster gets to take note of everything needed in order to get the repairs right.

There are times when the adjuster doesn’t get to take note of everything that is needed for the roof repair. However, supplementing roofing insurance makes sure that contractors are paid fairly and that the roof repair is done right.

Is a Deductible Required for Roof Replacement?

A replacement or roof repair project is important, especially if there is an emergency. You will need all the funds you can get for the roof repair services and this is where a deductible comes into play.

Deductibles are a set amount that homeowners pay for their insurance claims, such as a roof replacement or roof damage replacement. For example, if your roofers say that the new roof costs $6,500, and you have a deductible that is $1,500, your insurance company will pay for the remaining $5,000 for your roof.

People in Louisiana are given a basic deductible which varies depending on your insurance company.

How To Maximize the Value of an Insurance Claim?

In order to maximize the value of your insurance claims, here are a few tips that you can follow:

• Make sure you choose the right insurance company
• Show them that you know your claims and you know your rights
• Be diligent
• Get an expert if you need help

Do You Need To File a Roof Insurance Claim?

Red Stick Roofers offers free roof inspections, quick roof replacement services, and much more!

If you need to file a roof insurance claim and are interested in our services, contact us now!