Money Roofing Prompts Homeowners to Update Their Insurance Policies This Hail Season – Press Release
There is a shortage of building materials due to COVID, leading to rising repair costs.
Studies of insurance benefits in recent years have found an emerging trend. In recent years, hailstorms in North Texas have created three of the ten most costly natural disasters to hit building owners in the state of Texas. The state of Texas has already experienced multiple severe hail storms during the 2021 hail season. However, while many homeowners are aware of the possibility of hail damage, they may not be aware of additional problems that exacerbate the problem.
The Coronavirus pandemic has negatively impacted the economy in several ways. Recently, roofers in Texas were faced with a high demand for hail repair and a low supply of materials to make the repairs. Parts like shingles are in short supply, leading to increased costs and delays in performing the many roof repairs needed after a major hail event.
For these reasons, Money Roofing and Construction roofers are urging homeowners in North Texas to review and update their homeowners’ insurance policies. Homeowners must ensure that their policies are adequate to cover the potentially high costs of hail damage repair, as well as any damage their home may sustain between the hail storm and when repairs can be made.
In particular, Money Roofing’s experts encourage homeowners to review their total coverage, paying attention to the deductible. The hail and wind tax deductible can be a flat rate, but it can be adjusted in the range of 1% to 5% of the total coverage.
Anyone unfamiliar with the language of their policy should consult their insurance representative to ensure they have adequate coverage. In these tough economic times, it’s more important than ever for homeowners to avoid getting stuck with high out-of-pocket costs that they can’t afford.
About money roofing and construction
Money roofing and construction is a local roofing company that provides transparency and quality roofing services to property owners in Dallas / Fort Worth. Run by Tim Money, they have been serving local homeowners and business owners for decades.
Company Name: Money roofing and construction
Contact: Tim Money
E-mail address: send email
Phone: (469) 342-3330
Country: United States
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