Quote:
Originally Posted by Fastskiguy
Yeah I'm sure that's right, the contract needs to give assignment of benefits in order for them to have a shot of getting paid if they can get money out of the insurance company.
But is there a downside for the homeowner? I can see a downside for the insurance company, the roof inspector/sales guy, and the attorney. But I'm missing where the homeowner gets screwed. Can anybody spell this out for me?
Joe
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Yes, the downside for the homeowner is that his insurance premium will go up higher than everyone else. The homeowner will also have a much harder time getting insured once they quit or get dropped. Insurance companies aren't stupid and know when they're being scammed. The roof claim will be flagged for all other insurance companies to see. That owner will save money on that roof but will lose money in the long run. Apex roofing is a scam outfit and I question their work.