Typically 20 or so depending on the location and climate. It’s been my experience that insurers will depreciate a roof over 20 years.
-D > On Aug 4, 2021, at 10:06 PM, Allan Streib via Mercedes > <mercedes@okiebenz.com> wrote: > Asphalt shingles? Depending what grade of shingle was used, they are good > for 20-30 years. So I'd guess a 2004 roof would be getting close to fully > depreciated. > > Allan > >> On Wed, Aug 4, 2021, at 9:56 PM, Kaleb Striplin via Mercedes wrote: >> Actually I think I am going to be screwed on the rental house. I have >> it insured as a rental property rather than homeowners. I got to reading >> the policy and it looks like it covers ACV, so replacement cost less >> depreciation. Roof is original to the house, so 2004. Not sure how >> much it will be depreciated. This house does not mention anything about >> ACV. >> >>> On 8/4/2021 7:38 PM, Kaleb Striplin via Mercedes wrote: >>> I have finally gotten around to having a couple of different roofing >>> companies come out to look at both houses to give a quote and figure >>> out how to proceed with possible insurance claims with USAA. To >>> recap, after 20 years with them and exactly no claims on houses, they >>> have literally doubled the premiums in the last 2 years. If all goes >>> like I hope I will get them to replace the roof (s) they dump them. >>> This article here is further proof USAA is truly a turd insurance >>> company these days. Quite sad as they used to be WAY cheaper than >>> anyone else and WAY better service. >>> https://dentonrc.com/news/the_watchdog/the-watchdog-what-happened-to-usaa-why-is-it-denying-some-storm-claims-that-should/article_371ea8fa-300c-580f-b6eb-2692afe1c1c3.html >>> _______________________________________ >>> http://www.okiebenz.com >>> To search list archives http://www.okiebenz.com/archive/ >>> To Unsubscribe or change delivery options go to: >>> http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com >> >> _______________________________________ >> http://www.okiebenz.com >> >> To search list archives http://www.okiebenz.com/archive/ >> >> To Unsubscribe or change delivery options go to: >> http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com > _______________________________________ > http://www.okiebenz.com > > To search list archives http://www.okiebenz.com/archive/ > > To Unsubscribe or change delivery options go to: > http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com _______________________________________ http://www.okiebenz.com To search list archives http://www.okiebenz.com/archive/ To Unsubscribe or change delivery options go to: http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com