What is storm damage?
Storm Damage is any damage that has occurred to a residential or commercial property due to Hail, Wind, Tornados, and other catastrophic events. This may include visible damage to materials or loss of life. If materials on your roof have been damaged in a way that will reduce its life span, but are currently still in working condition, it is still considered storm damage.
Why do insurance companies pay for this type of damage?
Catastrophic storms can lead to costly repairs. Insurance companies use Property and Casualty Policies to cover this type of damage. Even if the damage is small, if left unrepaired, the small damage may lead to bigger problems with time. Hail damage, for example, does not usually cause leaks in a shingled area of a roof. However, since granules are ejected from the hail hit, the asphalt becomes exposed to the elements. This will age the shingle at a greater rate at that spot and will cause a hole in the shingle within 3-5 years which may lead to leaks. Insurance companies know that Water Penetration can cause major repairs down the road and will pay to have the storm damage repaired now, to avoid having to pay large sums later.
If I file a claim, will my insurance premium go up?
Insurance companies usually do not increase your premium individually for storm damage since it is considered catastrophe claim. They may, however, increase everyone's premium in your area due to increases in storm activity in your area. In fact, the state of Georgia has seen several rate increases across the board over the last 4 years.
How many claims can I file before my insurance company will consider dropping me?
It will vary depending on your insurance company and the policy you have so make sure you read and understand your policy. We've found that most insurance companies have a 3 claim-over 3 year limit. That means that you may file 2 claims over 3 years with no problems. When you file the 3rd claim during the same 3 years, your policy my go into review for cancellation. It may be harder to purchase insurance from another company if you are dropped. You may change insurance companies at any time though, so it is strongly recommended that you change companies after filing your second claim within 3 years.
Why is my mortgage company on the insurance check?
Your mortgage company has a financial interest in your properties value. Therefore, if damage has occurred to the property, it is in both the homeowners and the mortgage company's best interest to get the damage repaired. Most insurance companies will place your Mortgage company's name on the check so that they play a part in handling the repairs. If you get a check like this, call your mortgage company and find out what they need on file for them to sign the check. Many times they will require only the insurance settlement paperwork, but they may ask for more. Once your check is signed off on, call your Allgood Rep so we can get started on your project.
What kind of warrenty does AllGood Roof provide?
Allgood Roof Systems has what we feel is the best Warranty in the Industry; LIFETIME! We warrant our workmanship of the roof for the original purchaser for life. However, some products used on roofs are designed to be replaced or maintained at different intervals of time. For example, pipe boots are designed to last only 5 years. We will warrant the installation of these pipe boots for life, but not the pipe boot itself. Many of the shingles that we install carry a Lifetime Warranty as well. Please ask your Allgood Rep which shingles We may setup an inspection schedule of your property once a year or directly after any major storm to make sure your roof is still up to par. If we find more storm damage, we will work with you on your next claim.