How to Save Money - Utilizing the Policy you Already Have

As you're likely aware of the devastating impact storm damage can have on your business. With severe weather events becoming increasingly common, it's essential to take proactive steps to protect your investment and ensure minimal downtime. In this newsletter, we'll walk you through the process of navigating insurance claims for commercial roofing storm damage.

The Importance of Prompt Action

After a storm, time is of the essence. Delaying the claims process can lead to:

• Increased costs due to prolonged exposure to the elements
• Potential safety hazards for occupants and employees
• Increased stress and disruption to your business operations
• Less likely to be approved if delayed

Step 1: Assessing Damage and Gathering Information

• Document all damage, including photos, videos, and written descriptions
• Identify any missing or damaged roofing materials, and take note of the affected areas
• Gather records of previous roofing inspections, maintenance, and repairs

Step 2: Notifying Your Insurance Provider

• Contact your insurance company to report the damage and initiate the claims process
• Provide all gathered information, including photos and documentation of damage
• Confirm the process and timeline for resolving the claim

Step 3: Working with an Adjuster and Roofer

• The insurance company will assign an adjuster to assess the damage
• Ensure the adjuster has access to your property and is aware of the damage assessment
• Hire a professional roofer to represent you to the claims adjuster. (This can help ensure the adjuster and insurance company understand the full extent of the damage)

Step 4: Reviewing and Approving the Claim Settlement

• Review the adjuster's report and the proposed settlement
• Ensure the settlement covers all necessary repairs, including materials and labor costs
• Negotiate with the insurance company to reach a fair settlement
• Confirm that the settlement includes any necessary permits or inspections

Additional Tips and Considerations:

• Keep detailed records of all correspondence with the insurance company, adjuster, and roofer
• Send pictures after completion to insurance. (Some companies keep the backend of the payout until proof of work has been provided)

Stay Protected and Informed:

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Elliot Ervin, Platinum Roofing