Quote:
Originally Posted by PoolBrews
It's very simple. If the roof is 10 years old and has an expected life of 15 years, they would reimburse you for 1/3 the value of the roof if you had an issue. Makes sense - why should the insurance company have to replace a consumable at full value? You were going to have to replace it at full value in 5 years anyway.
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Depending on area most roofs last way longer than 15 years. They don’t all sudden go bad at magic 15 years it’s under estimated guess used by insurance company’s. use rules put in place insurance lobbying state. I don’t think I can buy 15 years shingles. My roof here if Florida was 19 years old at time of the pea size hail (peas size hail don’t damage anything) and majority all around area. All sudden the roofs were damaged by peas size hail that majority didn’t even get.
One person got free roof replaced and then the word got out. Once scammers got on roof with that free inspection all sudden they were bad. I had one scammer knock on my door m y times. The last time I said leave before he could open his mouth.
So, the wild fire roof scam spread like grass fire in Kansas. So, what did we get? In the situation we are now. I bet everywhere else in country the roofs are pro rated. Is was in states I lived in.
Now some had damage due high winds for hurricane in 18 and 19? I can’t remember. out of those some could be repaired and some had to be replaced. But, the scammer’s swooped in. Results along with weak state insurance laws we are now in the situation florida in.
I had to get my roof replace to get insurance, I paid for it. The policy I had the three letters company when up 250%. Of course I shopped around and now paid less insurance this year than before. But, who knows what if will cost next year? IMO I afraid it may be impossible to get affordable insurance in Florida due to state failures and companies leaving.