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No. But as the insured (that is you) it is up to you to maintain your house in good repair.
Insurance is there to cover the risk of unforeseen, accidental damage to your property not to replace parts that are wearing out naturally.
If you fail to maintain the roof of your property in good repair the insurance company may refuse to pay out if your roof blows off. After all the damage would not be accidental if it happens because of poor maintenance.
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How quickly will an insurance company repair or replace your roof tiles after they are damaged in a hail storm?
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Can an insurance company pay to replace only a portion of a roof after hail damage?
Probably only if you have full coverage. Otherwise the Insurance company will deny you.
Am I required to use insurance money to replace roof?
Insurance companies grant money to correct issues from claims. If a person receives money to replace a roof from an insurance company, the money should be used for the repair. If a person decides to not use the money to replace the roof, there could be issues selling the home. The value of the home could decrease. Another issue a person may encounter is the risk of other damages resulting from the roof not being repaired. The insurance company may not cover damages to the home as a result of the roof not being replaced.
Your insurance will not renew because you need to replace the roof the bank will not provide you with a loan to repair it if you do not have insurance what do you do?
The only option you have is to pay for the roof repair yourself, unless the roof damage was caused by a peril covered by your current policy. Another option might be to speak with a senior underwriter from the bank, they may be willing to make an exception if they can make the check out to the roof repair company directly. Good luck!
If you were paid by an insurance company 6 years ago to get a new roof but did not and now have a different insurance company on the same house can you make a claim on the roof with new company?
You can make a claim, but if you are claiming the same damages that is insurance fraud and it is a federal crime. If you have unrelated damages you can make a claim, or you can disclose the prior claim to your insurance carrier and they will advise you if there is any coverage that would apply.
If you loose roof shingles will your homeowners policy cover the cost to replace?
A call to your insurance company describing why the shingles were lost will answer your question.
If homeowner fails to replace a bad roof and it caves in does insurance company pay?
No,, homeowners insurance does not cover normal maintenance costs nor damages that result from lack of maintenance.
Is it ethical for an insurance company to do a house inspection that requires you to replace your roof after you have started the policy and canceled your old insurance?
Yes, it is generally considered ethical for an insurance company to conduct a house inspection and request repairs, such as roof replacement, if it is outlined in the policy terms. The insurance company's priority is to assess risk accurately and ensure the property is maintained to prevent future claims and losses. It's important to review the policy details to understand the responsibilities and requirements.
If insurance company sends a check for roof replacement and one get it 'fixed' does he has to send the money back to insurance company?
Most policies will pay for roof damage on an "Actual cash value" basis until the roof is replaced. Then, IF you have replacement cost coverage they will make up the difference of the amount paid under actual cash value and actual replacement cost, LESS the amount of your deductible. If you elect not to repair or replace the roof, your insurance company could exclude your roof from further damage or additional payments until you show the monies paid to you were used to repair or replace as indicated by their estimate and claim payment. Otherwise, the money is yours unless the home is mortgaged. If it is mortgaged, the check should have been made to you and the mortgagee, and if the mortgagee endorses it it is yours.
Do you have to replace roof with the insurance check or can you pay other bills?
I work for an insurance repair company, and yes - if the insurance company has paid you directly for the roof repairs, you can certainly use the money any way you wish. However, if your roof leaks in the future, and say something horrible happens - like your ceiling falls in - the insurance can deny covering any of those damages based on the fact that they paid you to get the roof fixed - which you never did. You could end up with more roof damages than you have now, as well as damages to the inside of your home, which would also be denied.
Is it an Ohio law if the insurance company can't match the shingles do they have to replace the whole roof?
No, There is no such law. What the company will pay for the repair of your roof is dependent on what type of policy you bought and the age of your roofing material. If you bought an HO1, the cheapest Home Insurance Policy then you probably have cash value coverage. The company will only pay to repair the damaged portion of your roof. Match and asthetic issues are generally excluded from coverage under the HO1 If you bought an HO2 or HO3 policy then you may have full replacement value coverage, in which case they will pay whatever it cost to replace the entire roof. Match issues are addressed in your Insurance Policy Contract you agreed to when you purchased your insurance.
If I have hail damage to my seventeen year old roof shingles and I have replacement cost insurance does my carrier have the right to say that they won't pay due to the age of my roof?
Insurance is a State matter in the United States. Every state has an Insurance Commissioner or its equivalent that can answer your question and if the insurance adjuster is wrong, fix the problem. Shingles should last more than 17 years. You should at the least have 20 year shingles. In this state insurance would probably pay 15%. I worked for an insurance restoration company ... and in Florida a 17 year old shingle roof is on its way out and usually considered pretty old. However, the insurance company should also consider the condition of your roof and not just its age. If your roof is in poor condition, requires maintenance, and under normal circumstances the hail would not have caused damage....then they will probably deny the claim as "maintenance". But then again, if your roof is in good condition and would have sustained hail damage regardless of its age...then your insurance company should cover the damaged part of the roof and replace the shingles....they probably will not replace the whole roof, just the damaged section.
