Homeowners insurance and a roof ?

[clifish]

Yep, that is how hail/wind damage is done in Texas. A $800K Home (home value not home and land) house would be a $16K deductible. USAA offered straight deductibles ($1500-$3K) up until recently, my understanding how is that they are only writing new policies with the % of home value deductibles.

- Jason

Hail damage is pretty much unheard of here, flooding only if you live on the water typically. We do get the occasional hurricane, very few the likes of hurricane Sandy in 2012.

 

[Smokin Okie]

My deductible is 2% of value for hail/wind. Other losses are $1,000.

 

[Smokin Okie]

And also, best I understand, is once a roof goes over a certain age, I think its 12 years, then Farmers will only pay 65% .

But frankly, the policy language is so dam confusing, its hard to make sense of it. And talking to my agent doesn't help.

 

[millerbuilds]

And also, best I understand, is once a roof goes over a certain age, I think its 12 years, then Farmers will only pay 65% .

But frankly, the policy language is so dam confusing, its hard to make sense of it. And talking to my agent doesn't help.

Yes, in my experience all insurance companies will depreciate the roof depending on age, some will reduce if you meet certain standards. In my case, my insurance company gave me a discount for putting impact resistant shingles on, granted I paid for the upcharge, but the savings is more than the upcharge, most roofers don't offer up impact resistant shingles (cuts back on future sales/replacement, but will install them for you.

Unfortunately, in 11 years I have put 3 roofs on my house due to hail damage. Find a roofer you can trust (not easy I know) they understand the insurance language and can help you through the annoying process.

I have 3 friends that own roofing companies (2 in Texas, 1 in Florida), I can try and connect you with one of them if you want some advice, pretty sure the two in Texas don't go to Oklahoma, but I feel confident that they would take some time and offer advice. Send me a PM if you would like to connect with one of them.


- Jason

 

[chopsaw]

But frankly, the policy language is so dam confusing, its hard to make sense of it. And talking to my agent doesn't help.

That's where I'm at too . They now list some of my cars together and showing just one price .
I called the other day to find out a price for each one . I was told " Look at your policy " .

I won't bore ya with the rest , but it's a joke .

 

[philinnm]

Aren't your shingles guaranteed for 30 years? Have you considered metal shingle roofing as a replacement ?

 

[normanaj]

But frankly, the policy language is so dam confusing, its hard to make sense of it. And talking to my agent doesn't help

Agents are almost useless but if you find a good one who actually understands the industry it's like gold.

Crappy agents are the main reason my wife spends 8hrs a day on the phone.When someone needs to speak with a "supervisor" they get my wife.In four more years she will be 65 and retiring after 45 years,she went from a landline phone and a typewriter to three gigantic screens with a thousand icons on each.

 

[chef k-dude]

Just a note, I did a web search for "has my house been hit by a hail storm?" and got plenty of results for places that will tell you. Looking briefly, they either want some sort of money for the result or at least a name and email address.

Like I wrote before, my roofer guy already had the app on his phone and showed me the storm that was within the insurance timeout limit before he even got up there and started chalking the damage. I had three aluminum vent boxes up there (they dont vent roofs that way anymore) that looked like someone had taken a ball peen hammer to them, so it was definitely real.

I have carried state farm for 40 years on everything cars, homes, umbrella coverage. they have always been good to me.

Nearly the exact thing for me. It's funny because the two contractors of three that didn't even bring up possible hail damage, when I called to talk to them about it (the third contractor was the one who identified it), they kind of scoffed and said State Farm was one of the worst.

All of this and other stuff I've seen makes me definitely not leaving State Farm! I have never had a problem with them in 40 years.

If your roof is just old, then you are likely to have the claim denied.

Guess I got lucky. Ours was 30 years old and they covered it in full, aside of deductible, etc. which was $1,800

My deductible is 2% of value for hail/wind. Other losses are $1,000.

Ouch! That must be the price to play in Texas and Oklahoma...dang...

Aren't your shingles guaranteed for 30 years? Have you considered metal shingle roofing as a replacement ?

The shingles are often guaranteed for 25-30 years but thats not against storm damage like hail and winds above a certain speed. Metal roofing is very expensive. We wanted to go that route but didn't want to afford it once we got an idea of the cost, even after State Farm started cutting checks we were still like "hell no!".

 

[sandyut]

All of this and other stuff I've seen makes me definitely not leaving State Farm! I have never had a problem with them in 40 years.

Agreed. Our current agent is awesome too.

 

[clifish]

Just a note, I did a web search for "has my house been hit by a hail storm?" and got plenty of results for places that will tell you. Looking briefly, they either want some sort of money for the result or at least a name and email address.

Like I wrote before, my roofer guy already had the app on his phone and showed me the storm that was within the insurance timeout limit before he even got up there and started chalking the damage. I had three aluminum vent boxes up there (they dont vent roofs that way anymore) that looked like someone had taken a ball peen hammer to them, so it was definitely real.



Nearly the exact thing for me. It's funny because the two contractors of three that didn't even bring up possible hail damage, when I called to talk to them about it (the third contractor was the one who identified it), they kind of scoffed and said State Farm was one of the worst.

All of this and other stuff I've seen makes me definitely not leaving State Farm! I have never had a problem with them in 40 years.

Guess I got lucky. Ours was 30 years old and they covered it in full, aside of deductible, etc. which was $1,800

Ouch! That must be the price to play in Texas and Oklahoma...dang...

The shingles are often guaranteed for 25-30 years but thats not against storm damage like hail and winds above a certain speed. Metal roofing is very expensive. We wanted to go that route but didn't want to afford it once we got an idea of the cost, even after State Farm started cutting checks we were still like "hell no!".

I would have to think a metal roof would not do well, at least visually from hail?

 

[millerbuilds]

Aren't your shingles guaranteed for 30 years? Have you considered metal shingle roofing as a replacement ?

That is expected life, not a warranty. Regardless, weather (wind and hail) is not covered.

- Jason

 

[Brokenhandle]

We got screwed by State Farm years ago... that's the nicest thing I can say about them. But no matter where you live, there's been a ton of natural disasters and many insurance companies are dropping coverage or not writing new policies. Last year we had to up our deductible on one policy to $10,000 to try and keep the insurance affordable... even at that our monthly premium still went up over $ 300.

Ryan

 

[gmc2003]

We've had Allstate since God knows when. We haven't had to make any homeowners' claims, but they've been great with the auto claims over the years.

Chris

 

[Smokin Okie]

I have 3 friends that own roofing companies (2 in Texas, 1 in Florida), I can try and connect you with one of them if you want some advice, pretty sure the two in Texas don't go to Oklahoma, but I feel confident that they would take some time and offer advice. Send me a PM if you would like to connect with one of them.


- Jason

I should get my new policy documents soon, with the renewal. I might take you up on that offer.

 

[Smokin Okie]

After three calls to my agent, I finally got some answers.

My deductible is 2% of the " insured value " of my house, not actual value. And if my roof is totalled, Farmers will pay 60% of a new one. So, for all practical purposes, I'm gonna be paying at least half the cost of a new roof.

Told me that if my roof was newer, and they had to pay full replacement, it would result in a premium increase.

I also had a question on my auto policy, Mrs Okie retired last year and is no longer driving 30 miles round trip to work every day. I asked if that would reduce my premium. Was told they can't change the miles driven.

So my strategy on the roof is to renew with Farmers, and look into a new roof this summer. Possibly get a new roof and then shop the policy.

 

[millerbuilds]

After three calls to my agent, I finally got some answers.

My deductible is 2% of the " insured value " of my house, not actual value. And if my roof is totalled, Farmers will pay 60% of a new one. So, for all practical purposes, I'm gonna be paying at least half the cost of a new roof.

Told me that if my roof was newer, and they had to pay full replacement, it would result in a premium increase.

I also had a question on my auto policy, Mrs Okie retired last year and is no longer driving 30 miles round trip to work every day. I asked if that would reduce my premium. Was told they can't change the miles driven.

So my strategy on the roof is to renew with Farmers, and look into a new roof this summer. Possibly get a new roof and then shop the policy.

Sounds like a good plan.

- Jason

 

[sandyut]

After three calls to my agent, I finally got some answers.

My deductible is 2% of the " insured value " of my house, not actual value. And if my roof is totalled, Farmers will pay 60% of a new one. So, for all practical purposes, I'm gonna be paying at least half the cost of a new roof.

Told me that if my roof was newer, and they had to pay full replacement, it would result in a premium increase.

I also had a question on my auto policy, Mrs Okie retired last year and is no longer driving 30 miles round trip to work every day. I asked if that would reduce my premium. Was told they can't change the miles driven.

So my strategy on the roof is to renew with Farmers, and look into a new roof this summer. Possibly get a new roof and then shop the policy.

I think they (most) ins companies used to give a low milage discount. I had it for a while, but no more. Im sure low milage drivers get in just as many accidents. Think very old people (no offence - mom mom is in the group). drives little milage, but totaled her car recently. Wish she would stop all together!

 

[Brokenhandle]

I think they (most) ins companies used to give a low milage discount. I had it for a while, but no more. Im sure low milage drivers get in just as many accidents. Think very old people (no offence - mom mom is in the group). drives little milage, but totaled her car recently. Wish she would stop all together!

But who wants to or maybe in some cases has to tell our aging parents they can't drive anymore?

Ryan

 

[gmc2003]

I think they (most) ins companies used to give a low milage discount. I had it for a while, but no more. Im sure low milage drivers get in just as many accidents. Think very old people (no offence - mom mom is in the group). drives little milage, but totaled her car recently. Wish she would stop all together!

My wife still gets a low mileage discount with Allstate.

Chris

 

[BrianGSDTexoma]

Best of luck what ever you do. Took me many months with Allstate to get mine worked out if you remember. My first contractor through the towel in. A friend's son finally got it took care of but man that was a chore.