Community Chat

[Twins Mom]

@SilleeMee 

In our area the term repair\ replacement is used.  If one pays for that complete coverage, individuals can be made whole if bad circumstances come around.  Example: instead of working with damaged sofa after fire, individual can purchase similar quality new sofa.  They don't found how old the sofa is.  Hope this helps clarify.

[SilleeMee]

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@Twins Mom wrote:

@SilleeMee 

In our area the term repair\ replacement is used.  If one pays for that complete coverage, individuals can be made whole if bad circumstances come around.  Example: instead of working with damaged sofa after fire, individual can purchase similar quality new sofa.  They don't found how old the sofa is.  Hope this helps clarify.

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@Twins Mom 

Yes, I understand what you are saying. But roof replacement is different. In other words an old roof cannot be replaced with a new roof of equal cash value. New roofs cost way more and there isn't 'similar quality' equal to that of an old roof. Building codes have to be followed.

A roof depreciates 5% per year. My old roof was 16yo. Do the math.

[Beammeupscotty]

I'm just glad my roof and my daughter's roof were replaced with no depreciation charges and her roof was baaaad.  Mine was going to need replacing in a couple of years.  

Insurance covered it all except for the usual small deductible.  

[mrshckynut]

have had roof replaced 2 times because of hail during our 24 years living here      1 time it included the gutters and downspouts on 1 side of house

mrshckynut 

[Trailrun23]

You are very fortunate that your insurance paid for your repairs; we have hail storms every spring but never could get a dime from our insurance until last year after we canceled our "good neighbor" insurance and went with USAA.