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-   The Villages, Florida, General Discussion (https://www.talkofthevillages.com/forums/villages-florida-general-discussion-73/)
-   -   Insurance company requiring new roof (https://www.talkofthevillages.com/forums/villages-florida-general-discussion-73/insurance-company-requiring-new-roof-316976/)

JohnN 03-05-2021 07:06 AM

Quote:

Originally Posted by Shine On Pressure Washing (Post 1910675)
Roof Maxx:

Somehow, I don't feel badly for insurance companies. Their primary interest is their bottom line and shareholders. Homeowners and policies are basically the food supply.

While I really like the concept of the Roof Maxx product,
if the insurance companies will not recognize the value and a homeowner is required to replace the roof anyway, what's the cost-benefit?

Bay Kid 03-05-2021 08:15 AM

Quote:

Originally Posted by JohnN (Post 1910911)
Somehow, I don't feel badly for insurance companies. Their primary interest is their bottom line and shareholders. Homeowners and policies are basically the food supply.

While I really like the concept of the Roof Maxx product,
if the insurance companies will not recognize the value and a homeowner is required to replace the roof anyway, what's the cost-benefit?

Remember "those big, bad insurance companies"? I'm insurance poor.

Topspinmo 03-06-2021 03:20 PM

Quote:

Originally Posted by Bay Kid (Post 1910958)
Remember "those big, bad insurance companies"? I'm insurance poor.

Over the long haul, insurance waste of money, you pay for people living in flood plains, on coast, knowing it going to flood and hurricane going to hit, which shouldn’t be building there anyway. Then, the fine print getting them out of paying if natural disasters occur. O wait read find print they don’t cover earthquakes, sinkholes, which natural disaster... or perfectly good old roofs now.

SharonW 03-06-2021 11:43 PM

Read the warranty
 
Quote:

Originally Posted by Mike193534 (Post 1910287)
So what happens if you pay extra for a 30, 40, 50, year shingle? Can they (insurance company) make you replace it? If so it would make people want to go go for a cheaper shingle?

It only gives you warranty for defective shingle not wear and tear.


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