Jul 4, 2016 | Insurance Claims
Should I Hire my Insurance Companies’ Roofer or an independent roofer? This is part two of whether or not you should hire your insurance companies’ roofer. Click here to view the information on the first post. Every vendor that is roofing Colorado Springs...
Jul 3, 2016 | Homeowner's roof questions, Insurance Claims
Should I Hire my Insurance Companies’ Roofer? Before we explore this question, please understand that by law every homeowner has the right to use the contractor of your choice. Don’t be pressured into using your insurance agents friend or a contractor that is sent out...
Jun 27, 2016 | Insurance Claims
Roof deductible paid by contractor results in insurance fraud per Colorado SB 38 As a homeowner it would make sense to allow a contractor to cover your roof deductible. According to senate bill 38 you may want to think again. June 6, 2012 the state of Colorado and...
Feb 8, 2016 | Insurance Claims
There are several new trends regarding deductibles that are beginning to take place in Colorado. In many parts of the country, insurance companies determine the property insurance based on a percentage of the value of the home. Currently in Colorado, the majority of...
May 13, 2015 | Insurance Claims
Recoverable Depreciation usually refers to the monies that are held back for repairs in an insurance claim. Most insurance companies hold back the depreciation until proof that the repairs have been completed is received. Once proof is provided to the insurance...
Feb 17, 2015 | Insurance Claims
If your home was damaged by wind or hail and an insurance claim was filed, you will most likely have Recoverable Depreciation to secure from your insurance carrier. While this creates an extra step for you and your contractors, it is a necessary safeguard for the...