[Velvet]

Originally Posted by Two Bills

I thought making a profit was the way to run a business.
How things change!

I agree. You put it more articulately than I did.

[kkingston57]

Originally Posted by joshgun

If you think HO premiums went up in the last year wait until the insurers and reinsurers factor in Ian. Plus a couple more insurer insolvencies which other insurers have to pay for.

HIt it on the head!

[Hape2Bhr]

Originally Posted by Velvet

Yes, my cousin owns a roofing company up north. Patching works in the short run, and good luck against a hurricane. And patching looks bad, can’t match the old sun bleached shingles. There goes the value of your house. That is part of the reason why insurance companies don’t patch.

So, it's esthetics and not function that a roof needs to be replaced; very interesting.

[Velvet]

Originally Posted by Hape2Bhr

So, it's esthetics and not function that a roof needs to be replaced; very interesting.

Well I for one, would not be impressed with a patchwork on the roof when buying a resale. And considering what I spend on landscape and maintaining the condition of the outside of the house, I would say aesthetics are significant. Why would you imply function is not important? That is just silly. Function is first, but it’s not enough. And my premium to the insurance company reflects the cost of full roof replacement. They count on it to renew my insurance next year, they wouldn’t even insure a patch job.

[CoachKandSportsguy]

Originally Posted by Velvet

Yes, my cousin owns a roofing company up north. Patching works in the short run, and good luck against a hurricane. And patching looks bad, can’t match the old sun bleached shingles. There goes the value of your house. That is part of the reason why insurance companies don’t patch.

very interesting piece of information. . would not have thought of that in the aesthetics light,

[benj]

Anyone uses apex roofing?

[Velvet]

Originally Posted by benj

Anyone uses apex roofing?

My neighbor did. That’s one of the companies that asks you to sign over your rights with the insurance company. The insurance companies hate it, my neighbor said never use Apex after his experience with them.