3. What is the insurer’s payment process?

First check
The first insurance checks for your roof replacement should be mailed to the policyholder when the insurance adjuster has finished their roof damage inspection.

Second check (recoverable depreciation)
The second check occurs once repairs to your roof are completed. This typically double-checks 10% to 40% of the total settlement and is usually known as “withheld depreciation” or “recoverable depreciation,” It is sent to the homeowner when the insurance agency acquires an invoice for final payment.

When you get our invoice, send it across it to your insurance company immediately. This will speed up the depreciation payment. Keep in mind that settlement checks are valid for 180 days. If the homeowner lets this check expire, the bank will not honor it, and a relatively prolonged process begins to have this check re-issued.

Furthermore, it is essential to remember that the settlement is based on the price to repair the roof with materials of “like kind and quality.” And In this case, if there is a discrepancy in the adjustment in cost or scope of damage among the homeowner and their insurance adjuster. Our sales representative has the knowledge to settle these differences instantly with your insurance adjuster. Everyone here at JPG Roofing & Restoration wants to make this whole process as easy for you as possible.