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Perkins Preferred Roofing Materials and Products
CertainTeed Winter Guard
The Bullet Boot
25 Year, No-Leak Warranty
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PERKINS PREFERRED DOES NOT COVER, WAIVE, OR ABSORB YOUR DEDUCTIBLE. HERE IS WHY:
Here’s a scenario to help explain the process: The adjuster determines that to replace the roof it will cost $10,000. However, two things are subtracted from this $10,000, the deductible and any depreciation depending on the age of the roof. For the sake of round numbers, let’s say that the deductible is $2,000 and the depreciation is $3,000. This amount is subtracted from the $10,000 and thus, the insured is given a primary check for $5,000. In order for the homeowner to recoup the $3,000 in depreciation, a roofing contractor has to send the insurance company an invoice of at least $10,000. Once the insurance company receives this invoice, the homeowner will receive a secondary check for $3,000
This is where Perkins Preferred chooses not to compromise our ethics.
A homeowner’s insurance policy is a contract between the insurance company and the homeowner. The homeowner pays a premium in exchange for protection from catastrophic damages. If the insurance company fails to pay a claim for such damages, the homeowner can seek legal remedies for breach of contract. Likewise, your insurance company has legal protections if you fail to meet your obligations (i.e. you and your contractor provide false information so that the homeowner can save money on the deductible).
Often times a roofing contractor will cut a check back to the homeowner in exchange for putting a sign in the homeowner’s yard and call it “advertising.” Technically, this would require that a Form-1099 be issued to the homeowner since the IRS requires that all transactions greater than $600 be declared. The homeowner would then be required to pay taxes on this amount of money.
Most importantly, insurance companies use a program to determine the exact amount it costs to repair your home. This program determines the material and labor (even the number of nails!) that is needed for repairs and then prices this according to your current market area. If a roofing company offers to cover your deductible, they will use inferior products and cut corners to offset the loss!!!