Ross tha Reefer
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Exactly right…
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How much for a new roof? (1 Viewer)
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Team Turtle
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Not hurting my feelings...it's Cody's roof 
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Cody
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RCV confirmed today. I’d like a koi pond on my new roof that we are building. Can you start Monday?!! Haha
My boss owns a roofing business, too. they’ll come out and do inspection/quote with and without insurance if needed. Sounds like ross tha man tho! Prolly your best bet
Ross tha Reefer
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Are you a sales rep?
Not at all lol my boss just owns a roofing business with his wife on the side
Ross tha Reefer
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Was just wondering, looking for good guys myself! One hell of a side gig tho lol. Roofing is rather lucrative!
Maybe, but on days like today you would just burst into flames on a roof...
Tangs
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Okay if you got a roof that is more than 15 years old insurance will not pay 100% of the replacement cost.
So for the heck of it I called Allstate - the agent told me if roof is over 15 years old insurance will cover it’s cost less depreciation- basically you are paying for majority of it plus your deductible.
Review your homeowners policy if you got an old roof…
So for the heck of it I called Allstate - the agent told me if roof is over 15 years old insurance will cover it’s cost less depreciation- basically you are paying for majority of it plus your deductible.
Review your homeowners policy if you got an old roof…
Why would you expect anything different?
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Cody
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Hush up now. I got a new roof on the insurance company's dime. Don't say anything that will have to make me repay that cost!
I thought you didn't have storm damage.
Ross tha Reefer
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Not entirely correct! PLEASE y’all, if you have ANY questions about roofing call ME! I have been doing this for 25 years….insurance is my game these days. It depends on a three letter detail….If you are calling you’re insurance company alone THEY WILL LIE TO YOU
Ross tha Reefer
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Lol, Never happen brother! What’s done is done!
Ross tha Reefer
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Matter of fact, we just got Frank approved for a new roof! Definitely has 15 years on it and is larger than most! Insurance is covering the bill…less the deductible of course
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Cody
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There was a hail storm in may of last year which caused enough damage for the insurance company to bite on.
Ross tha Reefer
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Like with his roof, it often takes someone like myself to assist with the right method of nudge lol
I'll keep that in mind if I get a bad storm. I did tell my supervisor to give you a call. He has needed a new roof for a while now....
webster1234
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I've found it's almost just as cheap to pay out of pocket. For instance, one of my rent houses needs a new roof. The insurance values the home at $300k (which is a joke) but let's roll with that bc I can't argue it. A moderately priced policy has a 3% deductible. That's $9, 000 for you mathematically challenged peeps. When I complained about the premium to my agent, his response was to raise the deductible to 5% to get the premium down.......lol. Now my deductible would be $15,000!!
I can have a new 30yr roof installed for about $10-$13k paying cash (standard 1850 sqft home). So in order to get the insurance company to comp the cost, the roofer will have to quote in the neighborhood of $16,000 to $18,000 (maybe more) for that roof. Of course he will charge you what the insurance will pay, or a little more perhaps, but the insurance bears the bulk of the cost, which guess what, makes our insurance rates stupid high. It's all a racket in my opinion.
When I renewed my insurance this year on that house, they wanted $2400. That was including windstorm. Without the windstorm, the policy was $700. That means I was paying $1700 for the windstorm part. If I left that off and saved the money, in 15 years, that is $25,000, enough for 2 roofs. Now I won't get into what kind of coverage I lose by dropping the windstorm but this is a rental where content coverage is the responsibility of the renter, not me. And sheetrock is only $12 bucks a sheet if the roof leaks. I'd personally rather pay cash. Just budget $70/mo for a new roof.
And don't even get me started on the pro-rating stuff. That's another scam.
I can have a new 30yr roof installed for about $10-$13k paying cash (standard 1850 sqft home). So in order to get the insurance company to comp the cost, the roofer will have to quote in the neighborhood of $16,000 to $18,000 (maybe more) for that roof. Of course he will charge you what the insurance will pay, or a little more perhaps, but the insurance bears the bulk of the cost, which guess what, makes our insurance rates stupid high. It's all a racket in my opinion.
When I renewed my insurance this year on that house, they wanted $2400. That was including windstorm. Without the windstorm, the policy was $700. That means I was paying $1700 for the windstorm part. If I left that off and saved the money, in 15 years, that is $25,000, enough for 2 roofs. Now I won't get into what kind of coverage I lose by dropping the windstorm but this is a rental where content coverage is the responsibility of the renter, not me. And sheetrock is only $12 bucks a sheet if the roof leaks. I'd personally rather pay cash. Just budget $70/mo for a new roof.
And don't even get me started on the pro-rating stuff. That's another scam.
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