Insurance claims EFFECTS OF HAIL

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1 New Section 1 Page 1 Insurance claims As an insurance loss specialist, Sarasota Architectural Solutions is fully qualified to work with insurance companies to satisfy storm claims for damages. We are a registered and certified business operating within SW Florida. Sarasota Architectural Solutions sub-contracts licensed adjustors who are experienced and familiar with Homeowner s policies, damages caused by hail, wind, and hurricanes and the requirements each insurance carrier has for a roof to be totaled and therefore replaced. We have established relationships with many insurance adjustors, and have gained their respect. EFFECTS OF HAIL The protective coating on composition shingles is the granular surface. When hail (3/4 to 2 ) strikes a composition shingle it damages this protective surface, and in some cases the asphalt coating, as well as the glass mat. Wood shingles and wood shakes are punctured and or split and metal accessories are dented. Skylights, A/C vents, siding, windows, window beads, and screens are generally damaged as well. EFFECTS OF WIND Asphalt shingles are manufactured with a seal tab. This tab can become broken during high winds. The damage that may exist could be displaced shingles, seal tabs lifted, and flying debris could gouge the roof surface. If any of these wind effects have occurred, you may be due a complete new roof replacement. Let a professional check your roof! PRICE ADVANTAGES The contract price will be equal to the amount of money allowed by the insurance company and never greater than that amount. In some cases, Sarasota Architectural Solutions Company s standard pricing is greater than the insurance company will

2 New Section 1 Page 2 Solutions Company s standard pricing is greater than the insurance company will allow. We use an independent pricing guideline that provides industry standard fair market value pricing for all areas of the United States, and is recognized by most insurance companies. In the event the roofing company you wish to use bids an amount higher than the insurance company allows, you may be required to get three bids and submit them to your Adjuster for their consideration. The insurance company may increase the amount to be paid based on the submitted bids or may encourage you to obtain other bids from companies that you do not want to provide construction services on your home. Your total out of pocket cost is always known before signing a contract. Sarasota Architectural Solutions assumes any pricing risk involved in the installation of your new roof or other repairs. You know exactly what your expense will be. Proving an insurance loss is the responsibility of the insured. It is critical many times to contract with a roofing professional prior to an insurance adjustor evaluating the roof. The insurance company adjustor is not required to find damage, just because you experienced hail or wind or your neighbor experienced storm damage. A representative of Sarasota Architectural Solutions will meet with your insurance adjuster on the roof and identify all storm damage in order to assure the most favorable decision. There is no cost for this service as long as you have signed a contingent contract with Sarasota Architectural Solutions Sarasota Architectural Solutions understands the entire insurance process and is willing to work with the insurance company for you. We will complete the paper work for recoverable depreciation, obtain endorsements from mortgage company s on insurance proceed checks, file supplemental claims when necessary and most importantly, wait for the insurance company payment. There are no deposits required when Sarasota Architectural Solutions works for insurance proceeds.(residential Only) Once a roof is substantially complete, a payment equal to the actual cash value and deductible is due. Final payment is not due until all insurance proceeds have been received by you. If you have signed a cash contract, no payments are due until the work is complete. All payments are subject to your contract terms.

3 New Section 1 Page 3 Repairing damage to your property with equivalent material and quality is required and expected by your insurance carrier and mortgagor, if applicable. Utilizing the insurance adjustment to define the scope of work insure proper replacement and repair. The insurance adjustment, along with the contract, defines the scope on the project. When having work done on your home, it is imperative that you know exactly what will be done and how much it will cost. Often, when making repairs to a storm damaged home, other necessary repairs, additional work and their associated expenses can become apparent after the work has begun. In most cases, when working for insurance proceeds, Sarasota Architectural Solutions can contact the insurance company adjuster for supplemental claims. Under this scenario your out of pocket expense will usually never change. Fair and responsible pricing. As we all know, there is always someone who will do it cheaper. Sarasota Architectural Solutions does continuous cost information sharing with the insurance companies and is always aware of current pricing. Insurance companies do continuous research in the ever-changing costs for repair and replacement in order to pay the lowest and fairest cost to their insured s. The insurance company expects you to use a professional quality contractor that can do repair and replacement in a timely manner, pay all bills promptly to avoid material and mechanic liens, provide quality communication and service during the process, and ultimately warrant all work. Insurance proceeds typically provide sufficient compensation for a professionally managed contractor to provide proper service to its clients. Choose a reputable and professional contractor. In the event your insurance carrier has determined you have a valid claim and you have your check, you have the opportunity to interview various contractors and receive competitive proposals. It is imperative that you base your decision not only on the value received, but also the reputation and professionalism of the contractor. Recoverable Depreciation. As most insurance carriers initially pay the actual cash value, recoverable depreciation is only paid up to the actual amount of the contractor s invoice. Why sacrifice having a quality, conscientious, and professional

4 New Section 1 Page 4 contractor s invoice. Why sacrifice having a quality, conscientious, and professional contractor who will be there when you need him in order to save the insurance company a few dollars? THE INSURANCE PROCESS After damage has been confirmed by a professional Sarasota Architectural Solutions Representative, call your agent and request an adjuster come to review and estimate the damage with a Sarasota Architectural Solutions Representative. We are trained professionals and will insist on a fair and complete statement. After our initial meeting, the adjuster will determine a fair market value to repair the damage to your home. This value must include the rising costs of labor, materials, and the transfer of materials that will be incurred. Sarasota Architectural Solutions will then complete all work on the property loss worksheet for the amount the insurance company allows. Sarasota Architectural solutions will process all checks which require endorsements from your mortgage company. Sit back, relax, and let your professional staff work through the insurance process and re-roofing project with experience and dedication to customer satisfaction. IMPORTANT: Be sure a Sarasota Architectural Solution representative is on site when the adjuster makes their initial visit. ASSURANCE 5 Year expressed leak-free warranty on labor. Detailed written work orders on material and labor specifications. Trained crews who will install your new roof to manufacturer specifications and repair any other storm damage to your property. Fully staffed office for proper insurance billing to include itemized invoices and processing for mortgage company endorsements. Pay your final bill only upon satisfaction. Insured with general liability. A trusted name in Florida. WHAT IS MY COST? With an insured loss the insurance company will pay up to their settlement figure

5 New Section 1 Page 5 With an insured loss the insurance company will pay up to their settlement figure as long as you provide an invoice under the company s guidelines. If you choose a company that gives you a low estimate, and provides standard work, the insurance company will pay only the amount of the low estimate. If you choose a qualityconscience company that will provide the best roof using quality materials, and up to date roof accessories, the insurance company will pay their final bill, as long as it does not exceed the adjuster s estimate. In other words, whether you get a cheap roof or a roof with all of the accessories by a quality company, your cost is only your deductible. The bitterness of poor quality is long remembered after the sweetness of a low price. Call today for your FREE NO OBLIGATION INSPECTION AND ESTIMATE!