You might be wondering about depreciation. Depreciation is the amount of your settlement that is not released until after you need it to pay off the repairs to your house if you have a RCV insurance policy.

As a dallas roofing company, we usually see Replacement Cost Value policies.

In a few areas of the country, Actual Cash Value policies are more readily found. ACV means you don’t have any money coming after the first check.

Many insurance policies cover full replacement cost. If you are unsure, ask your roofing company or insurance agent. The depreciation is usually cut as a follow-up check after you or your roofer turn in a signed roof estimate or a final roofing invoice.

If you aren’t going to spend all of your available depreciation money to get your house fully repaired, your insurance policy requires your insurance company will will subtract your deductible from the final lowest invoice rather than the original amount originally allowed.

Another way to say that is, your insurance company is required to retain any depreciation not spent on a full restoration.

After the last bill is submitted, your insurance company, and sometimes your mortgage company, may require a final look at your repairs just to ensure that you’ve spent your money making the proper repairs before sending the second depreciation check.

Depreciation is the amount of money held back from you until the work is completed. By withholding depreciation money, your insurance adjuster makes sure that they only pay the balance after you pay your deductible.

Your insurance adjuster will meet, but not exceed, your roofing contractor’s “fair market value” invoice, less your deductible. If the money isn’t spent in full, your insurance company will keep the difference and pays the balance.

Getting your insurance depreciation takes some of time. You could have to be patient.

In the event you might have more questions concerning your depreciation check, visit the Dallas Fireman Roofing site and use the contact us form to get more answers.

Of the number of choices for roofing your beautiful home, you could never do better than an aluminum roofing system.  Alcoa is world-renowned for producing numerous varieties of aluminum for roofs, be it primary aluminum, fabricated aluminum or alumina alloy.  An aluminum roof from Alcoa would be an impressive addition to your residence.

We’re an aluminum roofing Dallas contractor. The Alcoa aluminum roofing system is environmentally-friendly and 100% recyclable.  As Dave Schlendorf, the President of Alcoa, said, “Green buildings start with Alcoa aluminum.”  Because of its resilience you can anticipate it to outlast other types of roofs.  These quailities make it ideal for homes in any area of the United States.  Moreover, since it is also lightweight, it makes an exceptional alternative for homes in earthquake-prone regions.

An Alcoa aluminum roof carries a lifetime warranty.  It is guaranteed to last for the life of your home.  However, if it is not installed properly, the life of the aluminum roof could be lowered by 15 years.  It would be wise to consider hiring a professional contractor to install it if you are not certain you can install it correctly.

By adding an Alcoa aluminum roof you actually enhance your home’s worth due to its attractive look and superior functionality.  It adds a foam backing on the attic to shield and work as a sound barrier.  Because it is energy-efficient, you could save up to 30% on your electric bill.  Also, an Alcoa aluminum roof can grant insurance premium discounts as much as 35%.

Naturally, one of the most important considerations a customer has when selecting roofing options is the effects of climate and weather.  An Alcoa aluminum roof is unsurpassed in this aspect.  It can be installed to withstand wind at up to 120 mph.  The Alcoa aluminum roofing system is resistant to wind, hail, rain and snow.

So, as you weigh the choices before you for re-roofing your home, it is clear that the Alcoa aluminum roofing system is the superior selection. Visit Fireman Roofing and find out more now.