Money Roofing Prompts Homeowners to Update Their Insurance Policies This Hail Season – Press Release
Building materials were in short supply due to COVID, which led to rising repair costs.
Studies of insurance benefits over the past few years have identified an emerging trend. In recent years, hailstorms in North Texas were three of the top ten most costly natural disasters to affect property developers in the state of Texas. The state of Texas has already experienced several high impact hail storms during the 2021 hail season. While many homeowners are aware of the potential of hail damage, they may not be aware of additional issues that are compounding the problem.
The coronavirus pandemic has negatively impacted the economy in many ways. Recently, roofers in Texas have faced high demand for hail repairs and a limited supply of materials to repair them. Parts like clapboards are in short supply, adding to the cost and delays in the many roof repairs required after a major hail incident.
For these reasons, Money Roofing and Construction roofers are urging North Texas homeowners to review and update their homeowner insurance policies. Homeowners should ensure that their policies are sufficient to cover the potentially high cost of repairing hail damage, as well as any damage their homes may suffer between the hailstorm and the time repairs can be made.
In particular, the experts at Money Roofing encourage homeowners to look at their overall coverage and pay close attention to the deductible. The deductible for hail and wind can be a flat rate, but can be set in the range of 1% to 5% of the total coverage.
Anyone unfamiliar with the language of their policies should check with their insurance agent to ensure they have adequate insurance coverage. In these troubled economic times, it is more important than ever that homeowners avoid facing high expenses that they are not equipped to pay.
About the money roof and construction
Money Roofing and Construction is a local roofing company providing transparency and quality roofing services to builders across Dallas / Fort Worth. They are run by Tim Money and have served local home and business owners for decades.
Company Name: Money roof and construction
Interlocutor: Tim Money
E-mail: Send e-mail
Phone: (469) 342-3330
Country: United States