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 Posted: Tue May 06, 2008 4:46 pm Post subject: can you do roofing work yourself on an insurance claim? |
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My husband has worked in construction for a long time. He is in the army right now. He can do roofing. Can he re-roof our house himself to save some money on our deductibles? Do we have to clear this through the insurance co. Will we need to have it inspected after the work is done?
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kris72901
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| Posted: Tue May 06, 2008 5:34 pm Post subject: |
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This same type of discussion took place in this thread a few days ago. You will need to have the insurance company, or a contractor of their choosing, estimate the damages, and let them make you a settlement offer. The settlement offer should be for the amount of the contractor/adjuster estimate minus your deductible. Once you get the check, you are free to do with the money what you choose...i.e. have their contractor fix the roof and pay them, have your husband fix the roof and pocket the money, or don't fix the damage at all and pocket the money.
I think where things enter a gray legal area is if you find your own contractor to do the estimate, submit that to the insurance company, then find somebody to do the work cheaper (or do it yourself). In that case, the insurance company might have a claim against you for inflating the estimate in order to profit from the settlement. If the insurance company estimates the damages themselves, they cannot make that claim. |
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wilheldp
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| Posted: Tue May 06, 2008 8:51 pm Post subject: |
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| The problem is that the check from the carrier should have the mortgage company listed on it if there is one (most people have a mortgage). The mortgage company will probably want confirmation that the work has been done by a license contractor (they don't want just any schmo repairing "their" house). |
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tcope
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| Posted: Tue May 06, 2008 9:06 pm Post subject: |
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| That is the funny thing is that the insurance co. just deposited the money into our account. |
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kriscricket
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| Posted: Tue May 06, 2008 9:34 pm Post subject: |
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| Is your husband a licensed contractor and/or licensed to repair/install roofs (if such a license exists)? If so, I don't think either the insurance company or the mortgage company would have an issue with this arrangement. |
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wilheldp
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| Posted: Tue May 06, 2008 9:50 pm Post subject: |
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| It's your carrier that would really have the obligation to protect the mortgage company. If they gave you the money, then I'd say you are free to have the repairs done as you want. I'm guessing you did not need to sign any paperwork? If you did, you might want to take a look at it. |
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tcope
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| Posted: Wed May 07, 2008 10:54 am Post subject: |
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Homeowners and auto claims are different...many times a homeowner is allowed to complete repairs themselves....as tcope stated the mortagee should be on the draft...if so and you contact them they will guide you on how to go about this....(getting the funds released for the materials etc)....when I handled homeowners claims (and cat duty particularly) many times the owners re-roofed their own homes.
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Lori
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| Posted: Wed May 27, 2009 5:52 pm Post subject: |
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insurance claim, can i do my own inside work walls floor
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richb
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| Posted: Wed May 27, 2009 11:06 pm Post subject: |
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yes, rich b you may.
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Lori
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| Posted: Fri Nov 05, 2010 10:01 am Post subject: |
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Lori "when I handled homeowners claims (and cat duty particularly) many times the owners re-roofed their own homes." So this is what I did I re-roofed my own. They paid the ACV and now I am seeking RCV. I have all the reciepts for materials, supplies, equipment rental, fall protection devices and some labor. But not sure how to present the "invoice" to obtain thet RCV? Although a real roofer would probably be 2-3 times faster, I am sure the roofer would get 2-3 times more per hour of labor. What labor rate should I designate for myself? Or any other advice is appreciatated. Thanks for your time, energy and effort.
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anonymousqwert
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| Posted: Fri Nov 05, 2010 6:05 pm Post subject: |
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Just call the claims department and ask in what form they prefer to receive the receipts, originals or copies. If they ask for originals, be sure to make and keep copies for your records. All they need are the receipts for your purchases/rentals/laborers. Nothing more formal than that and a claim form, perhaps, should be necessary.
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MaxHerr
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| Posted: Thu Nov 11, 2010 1:13 am Post subject: roofing |
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I received estimates on our roof and the insurance was told I and some friends were going to reroof it our self. We received the money minus depreciation. The depreciation was to be paid after completion of the work. Now we turned in all receipts and they don't want to send us all the depreciation minus deductible amount. I have a $1000 deductible and they are still $7000 short. They said you can't make a profit on insurance. I purchased a nail gun and other tools to do he job but they say that I can't put that in as an expense. Am I wrong or don't they owe me the extra money?
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anonymous what the hey
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| Posted: Thu Nov 11, 2010 5:29 am Post subject: |
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| Quote: | | I purchased a nail gun and other tools to do he job but they say that I can't put that in as an expense. Am I wrong or don't they owe me the extra money? |
Do you need a new shotgun? Or a paintball gun, or a tommy gun, or a grease gun? Or a son of a gun? Why not ask the insurance company to pay for all those guns, too?
It's not the insurance company's job to fund your new career as a roofer, but to restore you to whole in relation to the damage done to your roof. If they paid the ACV portion of the loss, and "labor and materials" exceeded that, under the Replacement Cost language of your contract, they would have paid the additional amount to complete the repairs.
Since you chose to do the work yourself (with the aid of a few friends, even), you can't bill for the "labor", and you can't bill for the pizza and beer you bought for lunch.
Just in case you're wondering, a roofing contractor could not submit, as part of the cost of repairing your roof, the bill for a new nail gun either.
| Quote: | | They said you can't make a profit on insurance. |
And they're right. Replacement Cost is just that -- the cost to replace the damage with "like kind and quality".
If you even owned a nail gun, let's say, that was damaged in a fire, and you replaced it, they would pay for the new nail gun. If you thought one nail gun is good, but I'd like to have a spare, they would not pay for that. Or do you think they should?
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MaxHerr
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| Posted: Thu Nov 11, 2010 6:24 pm Post subject: |
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So the moral of the story is instead of paying my pals $20 hour. I should have paid them $50 hour.
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anonymous what the hey
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| Posted: Thu Nov 11, 2010 6:37 pm Post subject: |
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No . . . it has nothing to do with paying your friends to help you. If you document their wages with a Form W-2 or Form 1099 (either of which puts them on notice with the IRS, probably not something they want), then the insurance company will reimburse you for that as part of the expense of completing the repairs. They just don't pay for you buying tools to do the work -- you could have rented the same stuff and it probably would have been covered (in the same way a contractor's bill would have been covered).
Your mistake is filing a claim for the wrong things. That's all. They don't pay for what's not covered.
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MaxHerr
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