Quote:
Originally Posted by Calgary14
^Thanks, lots to consider here.
Interesting comment that the non-preferred contractors would not be able to up the total if they tried, one of the companies that went door to door advertised thats exactly what they do - find more things to repair to bring the total up.
Part of the problem is that I can't see the roof myself because it's so high (2 storey) so I cant determine whether a new roof is needed, or just basic repairs, and any contractor I ask will of course suggest a new roof
I am planning to get multiple quotes it just sucks that some companies are 3-4 weeks to even come out for a quote because of all the other houses needing repairs as well
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I think the point behind the upping the total comment is that insurance is paying you out cash, not dealing with your contractor. So if you have your contractor out to inspect prior to accepting the buyout, you can for sure use what they find to negotiate a higher buyout. But if you accept the offer and then find something later, you are likely out of luck, whereas that's not the case when the insurance company is committing to do the repairs using their preferred contractor instead of buying you out.
Please correct me if I'm wrong.