How do I handle my roofing insurance claims process?
Roof MD specializes in roofing insurance claims that are related to storm damage, including hail, wind, hurricanes, and other natural occurrences. The claims process can be frustrating and time-consuming for the property owner, especially if they haven’t gone through it before. Fortunately, our team can help!
Why should you let Roof MD handle the insurance claims process for you?
Our team is highly trained and well versed in insurance estimating, so we can help you with the entire process. We have experience working with all types of insurance companies and adjusters, so we can provide the services you need. When you work with our team, you’ll be much more likely to enjoy a smooth claims process from start to finish.
How do payments from insurance companies work?
Payments from an insurance company normally come in two separate installments.
The first payment is made upon the insurance company’s verification of damages to the property. This amount can vary from about 50 to 75 percent of the total insurance claims amount.
The second and final payment is made from the insurance company to the property owner only upon completion of prescribed work by a licensed contractor.
It is therefore necessary to submit a final invoice and certificate of completion to your insurance company in order to initiate the release of any remaining funds. These funds are often referred to as recoverable depreciation. Normally, the funds are released and mailed within 7-14 business days after the project is completed.
Want to learn more about how we can help you with the claims process? No problem! Our team will be happy to provide you with the information you’re looking for, so call Roof MD at XYZ for the answers to your questions.