When it comes to a roofing insurance claims process & mortgage check procedures, there are many moving parts you may need help with. At Louisiana Roof Crafters, we are here to guide our Baton Rouge, and Hammond, LA clients, as well as help, walk you through this entire process. The information on this page will educate you on the entire process from filing the insurance claim on your roof all the way to getting your insurance check endorsed by your mortgage company. LA Roof Crafters can also help you if you live in Covington, Slidell, Denham Springs, Mandeville, and New Orleans.
If your roof suffers damage from a hail or windstorm, you may need to make an insurance claim to get your roof fully repaired. This is what your insurance is for. When you make an insurance claim on your roof, there are certain procedures your insurance company will follow. Louisiana Roof Crafters is here to help you with these procedures. In this article, we will walk you through the common roofing claim process.
The first thing to do if you know you have roof damage is to document the damage Take pictures of the roof if you can safely do it, and any other damage that occurred, such as dents in your air conditioning unit, damage to siding or broken windows. Document any shingles that are missing or ripped. The damage may be evident because you experienced a hailstorm, tornado, or other wind-related natural disaster that caused damage to your roof or you detected a leak. Take as many pictures as you need to fully document the roof and interior damage. Leaks or holes in your roof indicate the need for emergency repairs.
Call your insurance company to make a claim just as soon as you find someone to take care of any emergency repairs. Most insurance companies have hotlines that enable you to talk with someone 24/7. If not, they likely have a website where you can make a claim online and then check on the status until the office opens.
Your main job as a homeowner when you have damage to your roof or other parts of your home is to mitigate any further damage. As long as you do your due diligence in preventing further damage, you have done what is required of you.
Understanding the Claims Process
When you file an insurance claim on your home, and we will focus on a roofing claim here, there are certain procedures you need to follow to collect and cash your insurance claims check. We will also focus on the insurance claims process mortgage check endorsement. Normally there will be multiple checks involved in your insurance claims process. You will almost always you will receive two checks. The second check is called the recoverable depreciation and comes after the roofing job is complete.
So, you just filed a claim on your roof for wind or hail damage, now what do you do. If you have a top local roofing contractor, you should be in good hands as they will be a great resource for help and information. Once you file your insurance claim, the insurance company will normally be at your house within 48 hours with an adjuster for the roof inspection. After the adjuster completes his storm damage assessment, he is going to make you an offer for repairs with what is called an insurance scope of loss. The first check you get is just an advance on the total amount of your claim for repairs. It is not your final payment.
If you are offered an on-the-spot settlement and you could be depending on your insurance company, you can accept it in most cases. If your local roofing contractor finds additional damage during the roof install process, you can file what is called a supplement for the additional damage needing to be repaired. You need to make sure accepting the full claim upfront does not preclude you from making a supplement for any hidden repairs that could not be seen in an initial inspection. Most insurance policies require you to make a claim within one year of the date of the wind or hailstorm. You will need to check with your state insurance department for verification on this.
If you have a claim and you have roof damage, interior damage, as well as personal belongings, damaged, you generally will receive separate checks for each type of claim made.
Structure Claims Check Procedures
If there is a mortgage on your home, the repairs check will typically be made out to both you and your mortgage company. During the insurance claims mortgage check endorsement, all named parties will be required to endorse the claims check. In your mortgage company agreement, you agreed to keep hazard insurance in place on your home, lenders also require that their name be added to the insurance policy as an additional insured.
This is the often-misunderstood part about your insurance claims check, the lender gets the same rights to the check as the homeowner. This is usually when the homeowner either gets mad or frustrated with the claims process. When there is a mortgage company or bank involved, it means that your mortgage company or bank will need to endorse the insurance claims check before you can pay your roofing contractor. The mortgage check procedures from the mortgage company can be quite lengthy, click on mortgage check process for a full description of the actual process. The link will take you to a generic but full explanation which should explain most mortgage companies’ processes.
While signing the contract with your roofing contractor. You will be asked about payment for the project. Is there a mortgage on the house that needs to be addressed? Your roofing contractor will need to know if you have already gotten the claims check endorsed or if you need help with the process. The roofing client mortgage check process can be tricky, get professional help with this process.
If you need help getting the insurance claims check endorsed, the following are current procedures that hold true for most mortgage companies:
The process of filing an insurance claim on your roof, through the mortgage check procedures and be a long and stressful one. Lean on Louisiana Roof Crafters for professional help. At Louisiana Roof Crafters, we have done thousands of insurance claims on roofs as well as other parts of homes.
Let a well-experienced roofing professional make your roofing claim stress-free.