Home Owners Insurance

[claimdude]

[quote="db5"]Don't know what insurance company you deal with but almost all of them will pay, up front, based on an estimate from a roofer as well as their own adjustor. What you do with the money is your business, just like when your car is in a collision]

db5,

I am not sure what your background is but the statement about "almost all of them will pay, up front..." is simply not true. I have worked for several major carriers all over the country and the ONLY state I am aware of that requires up front payment is New Mexico. There are likely smaller carriers that as a business decision do not withhold depreciation (releasing depreciation creates extra work and expense) but they are the exception and not the rule.

My two cents (I have others if you want)
Jack

[JPG]

db5,

I am not sure what your background is but the statement about "almost all of them will pay, up front..." is simply not true. I have worked for several major carriers all over the country and the ONLY state I am aware of that requires up front payment is New Mexico. There are likely smaller carriers that as a business decision do not withhold depreciation (releasing depreciation creates extra work and expense) but they are the exception and not the rule.

My two cents (I have others if you want)
Jack

My earlier point(of many) earlier. 'Extra work' does not beget 'efficiency'.

Methinks the insurance 'industry' has lost sight of their 'purpose'. Diversification has brought with it different goals.

If an area(old,damage prone) incurs greater risk, all policy holders should see higher premiums, rather than those unfortunates being denied/gouged.

While I understand the policy holder either not having the repairs done or getting/doing a shoddy job done is a problem for the insurance companies, they are able to inspect and decide upon future coverage based upon the quality of the repairs done. Anyone who claims to be capable of 'better' work should welcome an honest inspection.

IMHO an independent(from both the trade and the insurance companies) inspector should inspect all work after completion and report to the property owner, contractor,and insurer.