What Happens When You File A Roof Claim?

Let's say a storm rolls through and damages your roof. Here's a simplified breakdown of how a typical homeowners claim goes:

1. File the Claim: Contact your insurance company ASAP and report the damage. They'll ask for details and may send an adjuster to inspect the roof.
2. Adjuster's Assessment: The adjuster will assess the damage and determine if it's covered by your policy (wind, hail, etc.). They'll also estimate the cost of repairs or replacement.
3. Understanding Depreciation: Your insurance might not cover the full cost upfront. This is because roofs depreciate (wear down) over time. They'll factor in depreciation when calculating the payout.
4. Initial Payment: The insurance company will typically issue an initial payment for a portion of the repairs/replacement, minus your deductible (the amount you pay first). This is NOT depreciation!
5. Getting the Work Done: Once you choose a qualified roofer, they'll complete the repairs and you'll pay your deductible.
6. Proof of Completion: After the repairs are done, take pictures showing the completed work. Submit these to your insurance company.
7. Final Payment: Upon receiving proof of completion, the insurance company will likely issue a final payment, minus any remaining depreciation, to cover the rest of the repairs.

Remember: This is a simplified overview, based on a policy with replacement cost coverage. Always check your specific policy details, and don't hesitate to ask your insurance company questions throughout the process.