Homeowners insurance and a roof ?

[sandyut]

My wife still gets a low mileage discount with Allstate.

Chris

welp, I guess its personal then! bahahaha

 

[gmc2003]

welp, I guess its personal then! bahahaha

Living in one of the 3 states with the lowest car insurance premiums and putting under 3K miles on your car a year helps.

Chris

 

[clifish]

Living in one of the 3 states with the lowest car insurance premiums and putting under 3K miles on your car a year helps.

Chris

what are the other 2 states, I know NY ain't one of them...lol

 

[gmc2003]

what are the other 2 states, I know NY ain't one of them...lol

Maine and New Hampshire

 

[ifitsdeadsmokeit]

AmFam sent me an email saying they would no longer cover my roof for replacement value starting next renewal, just depreciated worth (so basically nothing) even though it is only 14 years old. Last renewal cycle they changed my roof coverage to 1% of insured value which comes out to a very large deductible. They said they cant tell me how much my insurance will go down since they are basically no longer covering my roof. Now I need to decide if I want to do nothing, replace roof at own cost, file a hail damage claim. They did say my rates wont go up if I file a claim, so that will probably be best choice. I also need to replace one of my HVAC units. Ugh....need a go fund me to pay for it all.

 

[Smokin Okie]

AmFam sent me an email saying they would no longer cover my roof for replacement value starting next renewal, just depreciated worth (so basically nothing) even though it is only 14 years old. Last renewal cycle they changed my roof coverage to 1% of insured value which comes out to a very large deductible. They said they cant tell me how much my insurance will go down since they are basically no longer covering my roof. Now I need to decide if I want to do nothing, replace roof at own cost, file a hail damage claim. They did say my rates wont go up if I file a claim, so that will probably be best choice. I also need to replace one of my HVAC units. Ugh....need a go fund me to pay for it all.

I can feel your pain . I'm there too.

 

[mneeley490]

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

Better hope you never have to. We were with Allstate for 30 years. Paid to have a new roof put on, and about 6 months later, the neighbor's poplar trees had hit their lifespan and started dropping into our yard, wiping out our fences and some other stuff. Neighbor property owner was shady & didn't live there. We did everything we legally could to track him down and hold him responsible. Even hired an arborist to write up a report and filed it with the city. Third HO claim was when the last tree hit our new roof. Looked like it had been hit by a meteor shower. We got a temp fix right away out of our own pocket, and it took nearly a year (and at least 6 different adjusters) to get Allstate to finally cover maybe 70% of it. They sued the property owner and won, but he never paid them, so they never paid us back for any of our extra expenses. Then the bills for both our HO and auto more than doubled.
We got divorced and sold the home shortly after. My wife took her half and bought a mobile home in a park in a different town. Allstate dropped her from HO, based on our prior claims with the previous house. To get a home loan here, you're required to have insurance. If she hadn't paid cash for the new house, it wouldn't have happened. I'm still looking for a condo, and I hope they don't try that BS with me.

 

[chopsaw]

Now I need to decide if I want to do nothing, replace roof at own cost, file a hail damage claim.

It sucks , because they never lose . You sign up and pay thinking " I'm covered " or at least that's how they sell it . Truth be told , it's only a short term advantage for us . The number of years we pay the money with no claim is a big amount . It's a gamble for a big loss or getting sued if some moron hurts themselves on your property .

I also need to replace one of my HVAC units. Ugh....need a go fund me to pay for it all.

Had this place built in 2006 . All original . Tell me about it .

 

[mageerauld]

Like most, my homeowner insurance premiums have gone through the roof ( no pun intended ). I need to shop around and get a lower rate. It comes due for renewal, the end of March.

But also, I need a new roof. Current roof is 12 years old. Its showing signs of wear. All of my neighbors have gotten new roofs over the past few years as we've had some substantial hail storms.

Do I change insurers then file a claim on the roof ?

Or go ahead and renew, file the claim, then shop for a better rate ?

Gal that cuts my hair recently got a new policy with State Farm, but after inspection, they denied her coverage because of some big trees around her house. She ended up talking to a property damage insurance claim lawyer about it, and her husband has some cars he's rebuilding that they objected to.

I'm thinking my roof may not pass inspection with a new insurer.

You should file the roof claim with your current insurer before switching. If you move to a new company first, they’ll likely inspect the property, see the roof’s condition, and may deny coverage or exclude it. Since your roof damage happened while insured, your current provider is responsible for that claim. Once the claim is settled and the roof is replaced, then shop for a new policy. You’ll get better rates with a new roof. Just be aware that the claim will appear in your record for a few years, so premiums might stay higher temporarily.