What makes Level 1 General Construction the preferred choice to restore your home after a severe storm? Our extensive experience and commitment to excellence in our service to you and your home is what you need in these times of stress.
Level 1 General Construction is a general contractor, not just a roofing company. This is a big advantage to homeowners and this video will explain why. When your home is damaged in a storm, Level 1 can handle everything that has been damaged, not just your roof.
Choosing a contractor in the midst of all those knocking on your door can be a bit overwhelming. Level 1 General Construction is a storm restoration expert specializing in roofing damaged caused by severe storms. We serve all areas of Texas and into Louisiana.
At Level 1 General Construction we are staffed with the best field supervisors in the business to monitor your roofing job. Our team is highly effective at keeping your roofing job on time and are always communicating with our clients as to the progress of your roofing job.
Level 1 GC is able to make the process of filing your insurance claim less of a headache. When you have hail and storm damage to your home and roof, dealing with the insurance company can be a real hassle. Let Level 1 take care of this for you!
The deductible on your home varies and Level 1 General Construction wants to help you understand how it is used in the restoration of your home. You have options, we can help you understand how to best utilize this part of your claim.
At Level 1 GC, service of our clients with excellence is our number one priority. It is our desire to ensure that only the highest quality of work is being done on your home. We believe this is an important part of maintaining this level of excellence and our hundreds of satisfied customers will agree.
What is overhead and profit in your insurance claim?
Overhead and profit are a part of any successful business. We want to explain to you how this works as part of our service to you as our client. These fees allow you to know you are working with a professional company that will be here now and in the future.
It helps us to agree on the scope of the work or damage to your property. It expedites the process, saves all parties involved a great amount of time and money. Overall, it makes the process much more convenient for everyone.
Depreciation is an insurance term that is used in two different ways depending upon the type of policy that you have. If you have a RCV (replacement cost value) policy, the depreciation is merely held back until you can prove that you have incurred the cost of completing the repairs. Once the work is completed, you will receive the remaining money.
If you have an ACV (actual cash value) policy, the depreciation means that besides the deductible, you will pay a prorated portion of the repairs above and beyond your deductible amount. For example, if you have a 30 year roof that is 10 years old, your insurance company will deduct 1/3 of the value of the roof plus your deductible from the actual estimate.
Many people really do not understand how little insurance they have until it is to late. That is why you need a professional company like LEVEL 1.
Insurance companies have different levels of RCV policies. They typically have Good, Better and Best. They are trying to give maximum benefits with your budget in mind. A good RCV policy will generally cover the roof at Full Replacement Cost, but may prorate your fence that is 10 years old with a life expectancy of 20 years. They will then subtract half of the value of the fence and call it “Non Recoverable Depreciation”.
Yes you can, but it is very dangerous! Your insurance company will allow you to keep the ACV portion of your settlement and not make the repairs but your mortgage company may not. Typically, if you do not make the repairs…YOU WILL NOT BE INSURED!
So…whatever you choose NOT TO FIX, will NOT be insured. If you choose to not fix the roof and you begin to have leaks, or another storm hits, your insurance company will not pay for the roof again. ALSO, they will not pay for any damage to the property caused by leaks that should have been fixed. All the while, you will still be paying full premiums!
This is where having a professional on your side really helps you! LEVEL 1 will walk with you through this process and be a liaison between you and your bank to ensure the repairs get done that are needed.
Often times, especially when a storm has recently hit, this is a way of stalling so that the insurance companies have time to get an adjuster out to your home. This is also a way to try and save them money. All reputable companies pay close to the same thing for labor and materials. If one of them comes in substantially cheaper than the others, they are most likely cutting corners somewhere. This is a time for you to BEWARE! We are talking about the covering of your home. This is not a place to cut corners with less than quality materials or workmanship!