The Contractor speaks

[Mike Brady]

As a Contractor, Its very hard for me to get Roof tiles. Builders are waiting out as far as 6 to 8 month, some even as fas out as 18 months. I spoke to a Home Depot Rep. today and there is none to be had. & forget RT600 products. I coundn't even get a special order for a few cases.Doh
So if you had broken tiles save them. remember the tiles are not the water proofing protector, it's the 30 & 90 weight paper and the tar, that protects your roof.

[Toad]

As a Contractor, Its very hard for me to get Roof tiles. Builders are waiting out as far as 6 to 8 month, some even as fas out as 18 months. I spoke to a Home Depot Rep. today and there is none to be had. & forget RT600 products. I coundn't even get a special order for a few cases.Doh
So if you had broken tiles save them. remember the tiles are not the water proofing protector, it's the 30 & 90 weight paper and the tar, that protects your roof.

Given there will be a long wait time for everything, what is the best course of action to take now to get roof tiles fixed eventually?

[JungleJim]

I have heard of two people being told they should have their whole roof replaced- tiles. One was my nieghbor that lost quite a few ridge tiles but that appears to be it. It was some roofing company that gave the recomendation so I tend to be very skeptical. Do you think that is realistic or are they just trying to get a bigger payday? Obviously, you would be making an educated guess without seeing it but what do you think? Likely or more likey BS?

[TD]

my insurance company came out and looked at the roof which just looked like broken tiles to me, and they said they were going to go ahead and get me a new roof also just to be safe. i'm not complaining, hopefully a new roof will get quicker service than tile repair, but it seems like overkill.

[Tubby]

my insurance company came out and looked at the roof which just looked like broken tiles to me, and they said they were going to go ahead and get me a new roof also just to be safe. i'm not complaining, hopefully a new roof will get quicker service than tile repair, but it seems like overkill.

If you are having trouble getting a few pieces of tile, I'm betting you will need to wait more then one year for the tile to be made for a complete roof.

I'm wonder if the insurance companies gets FEMA's helpRain . They seem to be replacing a lot of Rain roofs.

I never filed a claim for any damage caused by Wilma, maybe in a few years I might be sorry if I have roof Rain problems.Rain

[jzt]

I was just quoted almost $9000.00 to repair my roof. About 100 ridge and 20 s-tiles. I don't think I've lost 100 ridge tiles. This estimate just seems so high to me. It sounds like they are going to secure everything. But I'm going to have them verify that further. I want every last loose tile secured. There is no warranty for leaks and they can't guarantee color match. Oh - and they don't guarantee the price. It could go up if their costs go up.

Also, I managed to snag 20 s-tiles in a close color (thanks to Jungle Jim's advice) And I would have snagged the Ridge Tiles if I had cash. Sunniland took a credit card. Mediterranean Tile didn't. I found to late and would have not been back in time to make the line cut off. :mad:

[Tubby]

$9000 seems like a lot of money, you might want to get another price.

From the City of Weston Website


The replacement of a small amount of roof tiles does not need a permit.

Any repairs to the roofing structure beneath the tiles DOES require a permit and repairs must be made by a licensed roofer.

Florida Statutes require licensed professionals only to be contracted for the following jobs: Roofing work (non professionals may make temporary repairs), plumbing work over $1,000 requiring a permit; electrical that requires a permit over $1,000; any additions or major remodeling; major A/C replacement or repair jobs. During a state of emergency it is a third degree felony for an unlicensed person who commits this violation.

Follow these tips: It is incumbent upon the resident to ensure contractor's or professionals are licensed. You will have no recourse if they are not licensed and insured if the job is not done correctly; insurance companies may require proof that the work was performed by a licensed agent.

Deal only with licensed and insured contractors. Check for contractor's state-issued licenses. Ensure the license is current by calling 850-487-1395 or going to www.MyFloridaLicense.com Report unlicensed activity to 850-488-6603.

Verify the track record of any roofer, builder or contractor. Ask for a list of recent customers or claims adjusters.

Check with the Weston Building Department at 954-385-0500 to see if any complaints have been lodged against the contractor you are considering. Get recommendations from friends, relative, insurance agents or claims adjusters.

Don't rush into a contract. Get a written estimate that includes any oral promises the contractor made. Remember to ask if there is a change for an estimate before allowing anyone into your home.

A deposit of 1/3 of the total price is standard procedure. Get a copy of the final, signed contract before the job begins. Don't pay cash. Pay only by check or credit card. Pay the final amount only after the work is completed to your satisfaction.

[JN]

My concern is that if your insurance adjuster recommends a complete roof replacement to be a "nice guy" and you don't really need it, and if you go ahead and do it, when renewal time comes around the premium calculation program on the computer at head office will really go to town on you (even more so than it's going to do for everyone this year anyway) ...

[jzt]

My concern is that if your insurance adjuster recommends a complete roof replacement to be a "nice guy" and you don't really need it, and if you go ahead and do it, when renewal time comes around the premium calculation program on the computer at head office will really go to town on you (even more so than it's going to do for everyone this year anyway) ...


How does that work? I'm assuming that we will just be cancelled for filing a claim. I would rather have a new roof with a warranty for $20,000, then a repaired roof for $9000 with no warranties.

[JN]

How does that work? I'm assuming that we will just be cancelled for filing a claim.That's another possibility, and it amounts to the same difference. Either your existing company will keep you and hike your rates, or drop you and cause you to look for a new company. In the latter case, as a household dropped by someone else, you would end up paying higher rates to the new company.I would rather have a new roof with a warranty for $20,000, then a repaired roof for $9000 with no warranties.So would I or anyone else. But in my case, I would want this only if the need was truly warranted by the events of Wilma. Moral issues aside, if you now need to pay an extra $3K a year in premiums in order to get a warranty on your roof, you will have exceeded the cost of the money you saved in year 4, but will have to carry elevated premiums as long as you own the house, which would likely far exceed the cost of any non-warrant repairs you may need to do in the future. If you really need a new roof, then you do it anyway, because that's what insurance is for. If you don't, you're just getting a short-term gain for a long-term cost.

[jzt]

That's another possibility, and it amounts to the same difference. Either your existing company will keep you and hike your rates, or drop you and cause you to look for a new company. In the latter case, as a household dropped by someone else, you would end up paying higher rates to the new company.So would I or anyone else. But in my case, I would want this only if the need was truly warranted by the events of Wilma. Moral issues aside, if you now need to pay an extra $3K a year in premiums in order to get a warranty on your roof, you will have exceeded the cost of the money you saved in year 4, but will have to carry elevated premiums as long as you own the house, which would likely far exceed the cost of any non-warrant repairs you may need to do in the future. If you really need a new roof, then you do it anyway, because that's what insurance is for. If you don't, you're just getting a short-term gain for a long-term cost.

I agree with what you are saying. And I don't want anything that is above what I deserve or need. But I'm definitely getting a second opinion. I don't want to be on this board next year stating that my roof is really messed up because it wasn't done properly in the first place. AABCO did a mass mailing of their quotes. My neighbors and I received them the same day. They are almost duplicates of eachother. That tells me that not much thought is going into their estimates.

I'm already at $17,000 + 9000 + damage to side of house from screen + large shutter ripped off and bent.

At this point I find it hard to believe that the amount to replace my roof is going to change the opinion of my insurance company. From what I was told by the guy when he was here is that everything is loose on my roof. If they are going to replace broken tiles and not warranty their work... then what good are they. If my roof is going to leak, then I expect that they have the knowledge to tell me if it is damaged enough that it will leak. Am I expecting too much from the people that are experts in this area? Even my insurance company is leary of their quote and want me to get confirmation that everything is glued down. Not just the tiles that they repalce.

[JN]

JZT, I hear you, but I think your situation is a little different from TD's, and that's the post to which I originally responded (since I didn't quote it, I didn't really make that clear). In his case, he said my insurance company came out and looked at the roof which just looked like broken tiles to me, and they said they were going to go ahead and get me a new roof also just to be safe. i'm not complaining, hopefully a new roof will get quicker service than tile repair, but it seems like overkill.See what I meant?

[Toad]

AIG earnings hit by hurricanes

Profit for the world's largest insurer by market value was $1.7 billion, or 65 cents, a share, compared with earnings of $2.69 billion, or $1.02 per share a year ago, which were restated because of accounting errors.

The latest quarter earnings were hurt by Hurricanes Katrina and Rita, which struck the Gulf Coast during August and September. AIG suffered $1.57 billion in losses from hurricanes and other catastrophes.

"AIG has achieved profitable results even as it sustained losses...in the most costly quarter for catastrophes ever recorded," Chief Executive Martin Sullivan said.

AIG said its adjusted net income per share was $1.8 billion or 68 cents compared with $2.34 billion or 89 cents a year ago.

AIG said previously it would restate several years of earnings for a second time to fix accounting errors related to financial derivatives. It warned investors not to rely on prior financial statements.

AIG is the subject of state and federal investigations, including SEC probes, into its accounting practices since the errors were discovered.

The company said last week will restate its earnings from 2002 through 2004, as well as selected consolidated financial data for 2001 and 2000 and quarterly data for 2004 and the first half of this year. That was the second time this year the company said it would restate several years of financials.

"It was disappointing to have another restatement, but the company still earned $1.8 billion," said Rob Haines, an insurance analyst with CreditSights.

In after-hours trading, AIG was trading at $67.32, down from its close of $67.50 on the New York Stock Exchange. Its year high is $73.45, while its year low is $50.

The combined ratio, excluding catastrophe losses, fell to 91.61 from 93.87 from a year earlier. The combined ratio represents the company's losses divided by premiums it has received from investors.

AIG's life insurance operating income before capital gains and losses increased 12.9 percent, the company said, and its foreign life insurance business produced "excellent results," with strong first-year growth in China and Japan. Domestic life was hurt by the interest rate environment, AIG said.

The nation's largest insurer said it was taking further steps to improve its financial controls and governance, including a majority voting and mandatory age retirement guidelines.

Michael Sutton, former chief accountant of the SEC, has been named as a director and now serves on AIG's audit committee.


©2005 Reuters Limited.
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[jzt]

So, if I'm reading correctly, then they are still profiting. Then why should we be cancelled or greatly increased for having claims. Is is just a smoke screen to make more money?

[Toad]

So, if I'm reading correctly, then they are still profiting. Then why should we be cancelled or greatly increased for having claims. Is is just a smoke screen to make more money?


As Nipples the Clown would say "Mo money, mo money, mo money".

[Donna]

So, if I'm reading correctly, then they are still profiting. Then why should we be cancelled or greatly increased for having claims. Is is just a smoke screen to make more money?
In a word, yes. From their perspective they went from 1.02 per share earnings to 65 cents. Not good. That would make their share price drop. The (supposed) whole point of a business is to maximize stockholder worth.
Now, a cynic like me would say perhaps they could make up some of this by decreasing the millions they pay their executives. However, that won't happen and these folks own stock too and will want revenues raised.

[Donna]

Neighborhood Round Table's Mike Brady was out to my house Tuesday to replace my roof tiles. It was a beautiful day to be on the roof. Mike got to meet several neighbors while he was here, one of whom was quite drunk at 8:45 AM, so it was probably a bit out of the norm for Mike's normal work day.
I guess it isn't every day he has a drunk yelling that he loves him from the sidewalk up to him on the roof. (I'm glad I didn't fall off the roof laughing at this!!)

I recommend Mike for any of your home repair needs. He is also a very nice guy (he was very polite to the drunk even).

[d-o-b]

Neighborhood Round Table's Mike Brady was out to my house Tuesday to replace my roof tiles. It was a beautiful day to be on the roof. Mike got to meet several neighbors while he was here, one of whom was quite drunk at 8:45 AM, so it was probably a bit out of the norm for Mike's normal work day.
I guess it isn't every day he has a drunk yelling that he loves him from the sidewalk up to him on the roof. (I'm glad I didn't fall off the roof laughing at this!!)

I recommend Mike for any of your home repair needs. He is also a very nice guy (he was very polite to the drunk even).
what was Toad doing around your house at that time of the morning???? :D :D