So the company is basically looking to charge you 700 per square.
Scheduled roof payments farmers.
Hi jon for such a tiny roof the quoted price does sound excessive.
We called our farmers insurance rep right away and they send a woman over to check our roof.
Since the roof surface is only 11 squares with no peaks dormers valleys we are basically looking at a tear off and a fairly simple straight forward replacement.
If the roof needs to be replaced due to hail or wind damage a replacement cost policy pays the amount it costs to replace the roof with a new one of the same quality less the wind hail deductible.
Since the roof is 15 years old and the shingle has a life expectancy of under 30 years farmers would owe you 50 1 of the.
The roof guy post author june 1 2019 at.
There will be retainage and you will likely have to bill off of a schedule of values.
First we must look at farmers scheduled roof payment percentage.
If a storm destroys it and you have actual cash value roof coverage that depreciates the roof s value by 1 000 per year your out of pocket share of the cost for a new roof would be 11 000.
Then call farmers claim team at 1 800 435 7764 or visit the farmers cat corps mobile command center if it has set up operations in your area.
If you are dealing with commercial roofing you will get paid in accordance with the owner s pay schedule for bills which could be monthly.