Most businesses invest in a commercial roof because it protects their business from the elements and adds value to the business itself. Filing a commercial roof insurance claim is important because, when there is damage caused by storms, fire, or other types of covered perils, your property needs to be restored and therefore, operations need to be minimally disrupted. As with most claims, knowing the intricacies of these minds can be difficult. The primary purpose of this blog is to be the light in the darkness surrounding the commercial roof insurance claims so you would feel confident in navigating them. If you want help managing your roofing insurance claim in Belton, Missouri dial (816) 358-7663 to contact Blue Rain Roofing.
Understanding your Coverage
One of the first things you must do before ever thinking about filing a claim is to understand your policy coverage. Commercial roof insurance policies differ widely, and outline perils that are covered, deductibles, and exclusions. Get familiar with the language of the policy; Specifically, look out for exclusions for wind and hail, as well as for different roofing materials, and with a replacement cost versus actual cash value (ACV) clause. Replacement cost policies will usually pay for the entire cost of replacing the damaged roof using a new one, while a cost is normally taken on depreciation in an ACV policy – leaving you liable for a fraction of the replacement cost.
Time is Crucial
It is important to act quickly once damage is suspected. Take photographs and video of the damage as thoroughly as possible, covering how much was damaged from every angle. Keep detailed records of all the expenses related to the property such as temporary repairs and make sure to secure the property to prevent any further damage. As soon as you have damage inform your insurance carrier and start your claim. Ready to furnish a great deal of facts regarding the incident, the coverage specifics, and the expected sum, which would cover repairs.
Know the Steps
The adjuster will arrive from the insurance company and assess the extent of the damage. A promising idea is to have a professional roofing contractor do an independent assessment on the roof. This helps you to be fully aware of the extent of damage and the work that is needed. Review the contractor’s report and compare it with the adjuster’s assessment where there are differences. An approach to this nature may also help keep you from being under compensated for your claim.
You may need to negotiate with the insurance company. This is a critical phase in which you need to know about your rights and the terms of your policy. If you do not agree that the adjuster has or has not made the right assessment or if the settlement offer is not to it, do not hesitate to show the owner’s contractor report and other documentation. If negotiations do not go well or stall, find out if you can hire a public adjuster, a professional who fights for you and can make your way through the process of crafting a claim.
Roof Insurance Claim Assistance
If you take a proactive and educated approach, you will be assured of getting a reasonable agreement which includes the required repairs thus allowing you to pick yourself up quickly and economically. Keep in mind that they can help you throughout the entire process with the help of legal and roofing professionals. You can hire Blue Rain Roofing to manage your roof insurance claim in Belton, Missouri by contacting us on (816) 358-7663.