11 Jul HOW MUCH DOES A NEW ROOF COST?
How Much Does A New Roof Cost?
In virtually every industry, from floor to ceilings, repair estimates will typically match somewhat closely when compared side by side.
The roofing industry however, lives a world of it’s own, with prices that can vary greatly.
The reason? Most DFW roofing prices are based off of what insurance companies pay homeowners for insurance claims…not what their true actual costs are.
What Ever Your Insurance Company Pays
Because of the amount of hail storms that frequent the DFW area, most roof systems are replaced and paid for by insurance companies each year due to total loss hail damages.
This yearly repetition of hail storms and insurance claims has led to an all out gold rush for DFW roofing contractors looking to capitalize on unsuspecting homeowners, with fresh roof damage.
Knock, Knock, Ring, Ring..
Roofing contractors quickly figured out that being 1st to the storm, knocking on doors and taking over a homeowners insurance claim, was far more profitable then providing the homeowner with an honest written roofing estimate of their own.
Even when most contractors do give homeowners written estimates, it’s almost always priced to match what the insurance company paid you. Not their true actual costs.
Insurance companies pay homeowners “Fair Market Pricing” when adjusting an insurance claim. This is typically a much higher amount then the true actual cost of replacing the roof, making DFW homeowners a prime target for storm contractors, looking to keep all their money.
In most cases, homeowners never see them coming. Not all of them are from out of town. In fact, a large portion of these contractors are local residents of the DFW area. They simply want to pocket large profits.
They will always start off slow with a simple foot in the door technique, like offering a free roof inspection. Careful not to give up to much information.
Then….after getting off your roof, they move in for the kill. Convincing you that insurance claims are hard and that you need them to deal with the insurance company on your behalf.
Look At This Hand, Miss That Hand
The truth? You do not need them to handle your claim. Filing a claim is a 5 minute phone call. From there the adjuster handles everything themselves.
By convincing you that claims are hard and that you need them to do it for you, they take your attention away from ever being concerned with the true cost of the work. The keep it all.
Trained To Take Over Your Claim
Aggressive sales teams undergo months of training by General Contractors and are expected to do one thing. Find hail damaged areas and take over the homeowners insurance claim.
They are not interested in placing an honest bid for the work. Providing you with a real estimate of their own could leave thousands of dollars of insurance money on the table. They want all of your insurance money. Not some of it.
Don’t be Fooled
Although some of these contractors may be giving you written estimates, most are using the same price list as the insurance companies. Again, not wanting to leave any money on the table. If your contractors estimate looks exactly like your insurance companies estimates, then the contractor is not providing you with a true honest estimate. They are attempting to keep all your insurance money.
True Roofing Costs
True and honest roofing prices should range between $1.85 to $2.75 a square foot, based on 3 key factors.
•# of Stories
Most insurance companies are paying homeowners much more then this per square figure. Which is exactly what led to dishonest contractor estimating practices throughout our area.
Avoid The Roofing Scams
If you are in the market for a new roof, avoid contractors looking to handle your insurance claim or that claims to charge everything to your insurance company.
Always demand detailed written estimates and never allow a contractor to represent you with your insurance company.
It’s to your advantage to handle your own insurance claim and keep your insurance information private while choosing a contractor.
Free Roof Estimates
We provide free same day written estimates 7 days a week, with low honest prices, based on our true actual costs….not what insurance companies pay you.
Most of our customers typically have insurance money left over out of their claim for them to keep.
Remember, it’s your insurance money. Not your contractors.