A Thorough Checkup is Crucial
You need to evaluate the condition of the roof to decide about the extent of replacement. Would replacing a few shingles and sealing them will do or you need a complete overhaul of the framework itself. This calls for an expert roof repair service with years of experience. Evaluating the condition of a roof and suggesting measures for strengthening it are not easy. You need years of experience and technical knowledge for this. Your suggestions must be based on local weather like the probability of storms, winds, heavy rain, snow etc. Evaluating all the parameters, the roof repair service may suggest a complete roof replacement. Now you need to think about financing.
Roof Replacement Services That Double Up As Financers
When you are in need of Roof Replacement Financing, why not take a look at roof replacement services themselves. Some of these companies double up as financers. Indeed, there are some roofers who also offer finance. Shortlisting these companies is a good way to start. You also need to compare their terms and conditions before approaching them individually. Nevertheless, reliability and experience in roof replacement is a prerequisite to selecting a roof replacement service, even if offers financing. There are many companies who may even offer the full finance. You just need to pay the principal amount after a year. You don’t need to pay any interest. But their experience and reputation in roof replacement must be thoroughly checked.
Apart from roof replacement companies themselves, there are lending institutions like banks who offer roof replacement financing. Nevertheless, to secure credit from banks you need to have a good credit score. In case you have a good credit score, you can even get low interest finance for roof replacement. If you don’t have a good credit score, you may need to pay higher interest rate.
Things To Note If You Secure Finance From A Roof Repair Service
There are some roof replacement services who offer roof replacement finance even to people with low credit score. You may get in touch with such services through neighbors, relatives, or colleagues. Nevertheless, while engaging such contractors you need to ensure that they won’t compromise with the quality of replacement job. This is very important since your home insurance claim may also depend on the condition of the roof.
Insurance is a Must
While securing roof replacement financing, you should opt for adequate insurance cover. This is a necessity in a place like Atlanta where roof damage is not uncommon. So you must have add-on insurance element in the financing scheme. While taking insurance cover you must select rain, snow, storm, as well as rodent damage, since rodents too can inflict heavy damage on the roof.
Many of these roof replacement companies, who also finance roof replacements, don’t have their own insurance cover. So they usually offer insurance from third party insurance companies. While taking such insurance covers you must read between the lines. There may be many a slips between the cup and the tea.
Beware Of Roofing Codes
Roofing codes are important, and reputed roof replacement financing abide by all the roofing codes. However, some lesser known ones and fly-by-night operators may not stick to all the codes. If the roof replacement job does not abide by roofing codes, you may not secure insurance claims, if need be. The third party insurance company may deny the insurance cover.
Insurance For Workmen Is A Must
There are some roofers who don’t cover their workmen under Accident and Disability insurance. If you employ them and if something happens to the workers, you may become liable to pay hefty sum as compensation. So stay away from them.