First an update with the roof claims. For the primary house the roofer
says wind damage. Have a couple of spots of missing shingles on the top
of the roof peak. Roofer showed me several areas where shingles are
loose and could blow off. Tried to get USAA to cover a roof replacement
but their claim amount goes in at $600 for repair, well under
deductible. May or may not try to fight them on that but not sure it
will go anywhere. Will just wait till a good hail storm comes along.
On the rental, USAA is paying for a roof replacement, sort of. Their
estimate is coming in at around $14.2k for complete replacement. I sent
this to roofer because to me is seems light. The deductible is $2k and
apparently the roof is covered ACV rather than replacement value so they
are depreciating it around $3k. They then have a $300 recoverable
depreciation amount that can be paid after repair is done. They sent a
check for around $9400, with basically me paying the rest out of pocket,
so will have to come up with around $5k. Will have the wife contact
roofer to see what we need to do to get their number up. In the mean
time, since they were just paying a depreciated amount, I debated on
just banking this money since we will most likely be selling the house
in the next year or 2 anyway, and if buyer wants new roof, negotiating
it into the deal. Problem is, check is issued to us as well as mortgage
company. I am not 100% sure how all that works but it appears as if I
am going to have to basically sign the check over to them then somehow
pay the roofer, or somehow get them to sign the check so I can deposit
it then pay the roofer. Long story short, since its also made out to
them, it looks like that pretty much forces the repairs to have to be
completed now, rather than waiting. This could be somewhat of a problem
as our mortgage company on that house is a total and complete pain in
the ass to deal with, absolutely horrible. I about guarantee I will
send them the check, or have to send them some paperwork and it will get
lost and it will take months and months to get anything done.
Other part of the story, when talking to roofer about the possibility of
them paying on ACV instead of replacement cost, he says he can help us
haggle on the "insurance" quote for replacement, then when it comes
time to do the work since they are not paying the whole deal anyway, he
will give us the cash price he would charge without insurance involved
which should hopefully offset some of the depreciation portion of it.
On a normal deal, there is an inflated amount they would bill insurance
and all we pay is the deductible.
Now on to insurance quotes. Right now USAA is charging me $902/6 months
for 4 cars, only 1 has full coverage. Progressive is quoting $416/6
months for full coverage on all 4 cars. I quoted full coverage on all
cars at USAA ant it was over $2k for 6 months. Primary house it is right
at around $2k per year cheaper. This are not small differences which is
one reason why I am not sure if this is too good to be true. I have not
even shopped the rental house yet.
I am not really sure if I do decide to switch, I do it while these
claims are still going on. I was going to potentially try the
progressive route now on the primary and cars while the rental claim is
still going on, then move rental later. Perhaps I should just wait till
the whole deal is done.
_______________________________________
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
