topic Re: If you had hail in the storms in Community Chat

If you had hail in the storms

Beammeupscotty — Wed, 03 Apr 2024 12:48:11 GMT

We had hail a couple years ago. A few weeks later everyone in the area were getting new roofs. We wondered why DUH! Neighbors advised us to have our roof checked. We couldn't see any damage but it turned out we did have some and so the insurance company paid for a new roof and gutters. So glad the neighbor suggested we look into it!

All this to say, even if your hail didn't seem to do damage it still could have. Good idea to have it checked out.

Re: If you had hail in the storms

SilleeMee — Wed, 03 Apr 2024 13:01:57 GMT

I just had a new roof and gutters replaced b/c of hail. The old roof and gutters were very old and I don't have recoverable depreciation coverage in my policy so I had to pay for all of it out of pocket plus I have a high deductible. It was a big expense. My ins paid me nothing and I still have more hail damage to fix on the rest of my house...paint and carpentry.

Re: If you had hail in the storms

beckyb1012 — Wed, 03 Apr 2024 13:14:18 GMT

The roofers in my city due to the hail storm back in February are going to have a very Merry Christmas 2024. Goes for all the pop up automobile hail repair trucks as well.

Re: If you had hail in the storms

cheriere — Wed, 03 Apr 2024 13:22:34 GMT

@Beammeupscotty

That's a very good idea. I know a lot of people experienced devastating hail storms.💝🌸

Re: If you had hail in the storms

Sooner — Wed, 03 Apr 2024 14:00:41 GMT

We had a devastating softball sized storm three years ago. It demolished about a 4 sq mile area we live in. It took two years from some to get new windows--Covid work and materal shortage.

Insurance paid 1/5 of what we paid for the house. It was a nightmare getting it all repaired. You can't SEE all of the roof damage always.

Re: If you had hail in the storms

on the bay — Wed, 03 Apr 2024 15:12:22 GMT

@SilleeMee,

Why would it matter how old the roof was? It still was damaged by hail. I don't understand why the insurance didn't cover any of it?

That just doesn't seem right.

Not that insurance always seems fair.

Re: If you had hail in the storms

Beammeupscotty — Wed, 03 Apr 2024 15:39:24 GMT

WOW! Our insurance covered everything except about a $2,000 deductible and the roof was about 16 years old. We also upgraded to a better shingle that added to our own cost but it wasn't much.

Our company is "Jake at..."

DD's insurance covered most of hers and it was really a blessing becsuse the roof was going to need replacing within the next year or so it was so old. Don't know who her company was. I think it was one of the online companies.

Re: If you had hail in the storms

Desertdi — Wed, 03 Apr 2024 15:47:09 GMT

AND.....your insurance premiums are SURE to go WAY UP

Re: If you had hail in the storms

SilleeMee — Wed, 03 Apr 2024 16:06:51 GMT

@on the bay wrote:
@SilleeMee,
Why would it matter how old the roof was? It still was damaged by hail. I don't understand why the insurance didn't cover any of it?
That just doesn't seem right.
Not that insurance always seems fair.

@on the bay

It doesn't seem right to me either. The way it was explained to me was that since the roof was so old, it needed to be replaced anyway regardless of the hail damage or not. Plus the cash value of a roof depreciates over time and mine was old so it didn't have much cash value. Same goes for the gutters. That's where recoverable depeciation policy comes into play which I don't have.

Re: If you had hail in the storms

on the bay — Wed, 03 Apr 2024 16:09:13 GMT

@SilleeMee ,

I'm sorry that happened to you.

It doesn't seem fair at all.

Re: If you had hail in the storms

SilleeMee — Wed, 03 Apr 2024 16:15:29 GMT

@on the bay

Insurance is not a warranty and insurance doesn't pay for something just b/c it's old and needing replaced.

Re: If you had hail in the storms

Sooner — Wed, 03 Apr 2024 16:30:09 GMT

Policies differ and insurance is to replace what was damaged. If you have a roof was was 20 years old, it likely needed to be replaced, or at least you'd have to spend money to fix it up.

So the insurance pays to replace what you hinsured--a roof valued as a 20-year old roof, not a new one. The more you pay, the more value you insure.

Re: If you had hail in the storms

SilleeMee — Wed, 03 Apr 2024 17:06:57 GMT

Recoverable depreciation policies are great if you experience frequent damage to your house from storms and hurricanes...like yearly. Otherwise recoverable depreciation coverage is costly and adds up. It doesn't make sense to have it when you only have occasional damage. I'd rather not pay for a recoverable depreciation policy but instead put the money aside for when I need to make repairs w/o making a claim. Making claims causes premiums to go up.

If you have a mortgage, some mortgage companies require that kind of insurance so that it takes care of the homeowners' inability to pay otherwise for their damages to homes.

Re: If you had hail in the storms

geezerette — Wed, 03 Apr 2024 16:57:50 GMT

I recently spoke to my agent about my roof policy. My roof will soon be 20 years old and definitely is showing that it will need replacing soon. It has some minor storm damage right now, but not enough for the insurance to kick in.

If I do have significant storm damage, my policy will cover the whole roof replacement regardless of its age. The agent said if I can afford the premiums to keep that policy since my company and other insurance companies are no longer offering these types of comprehensive coverage. My policy is grandfathered in. They simply can't afford to anymore with the cost of materials, labor and the number of exentive storm damage claims now.

And if I move, I won't be able to get a similar policy on another house.

Re: If you had hail in the storms

Beammeupscotty — Wed, 03 Apr 2024 16:58:26 GMT

So I guess you have to have different coverage to pay for old roofs which are damaged by storms?

My dd's roof was very bad AND old and her insurance covered the damage minus a small deductible,

Re: If you had hail in the storms

Beammeupscotty — Wed, 03 Apr 2024 17:00:30 GMT

@geezerette That makes sense.

I'm glad we had the total coverage.

Re: If you had hail in the storms

geezerette — Wed, 03 Apr 2024 17:08:31 GMT

@Beammeupscotty wrote:
So I guess you have to have different coverage to pay for old roofs which are damaged by storms?

My dd's roof was very bad AND old and her insurance covered the damage minus a small deductible,

@Beammeupscotty

My insurance agent said that no company in our area is writing policies for total roof replacement for older roofs. That may be different in other areas, I don't know. The only policies now available here are those that as your roof ages, the less they will pay in the event of storm damage.

As I said above, I only have complete coverage because our policy was written 20 years ago and I still have the same policy with the same company.

She also said that my policy includes other coverages that they no longer offer as well. But believe me, I've paid for that coverage over the years with premiums (which have skyrocketed in the last few years), and no claims for any home damage during all that time.

Re: If you had hail in the storms

SilleeMee — Wed, 03 Apr 2024 17:34:45 GMT

@Beammeupscotty wrote:
So I guess you have to have different coverage to pay for old roofs which are damaged by storms?

My dd's roof was very bad AND old and her insurance covered the damage minus a small deductible,

It's called recoverable depreciation coverage and some policies have it, some are required to have it and some choose not to have it.

Everything depreciates in cash value including roofs. The older it is, the less it's worth in cash value. The difference in price of a new roof minus the cash value of the old roof is what is covered by recoverable depreciation policies.

Re: If you had hail in the storms

Kachina624 — Wed, 03 Apr 2024 18:37:27 GMT

We have very little hail and when we do, it's too small to cause damage. About 20 years ago a local roofing company went through the neighborhood telling home owners to claim hail damage. On the day before the insurance adjuster came, the roofering company had a worker show up with a hammer and he deliberately damaged shingles. I refused to let them on my roof and eventually paid for my own roof, one of the few people who did.

Re: If you had hail in the storms

SilleeMee — Wed, 03 Apr 2024 19:42:25 GMT

@Kachina624 wrote:
We have very little hail and when we do, it's too small to cause damage. About 20 years ago a local roofing company went through the neighborhood telling home owners to claim hail damage. On the day before the insurance adjuster came, the roofering company had a worker show up with a hammer and he deliberately damaged shingles. I refused to let them on my roof and eventually paid for my own roof, one of the few people who did.

@Kachina624

It's those kinds of acts of fraud that causes everyone to pay more for insurance. Despicable.