03/16/2026
Sorry that this post will be longer than most of mine but it has very important insurance information for the coming era.
Most insurance companies, like Farmers, State Farm, Foremost and others are not only forcing their clients to a 2% or higher deductible (some of which I have seen exceed $12,000). They have also switched to a payment schedule for your roof. This means if your roof is over 8 years with some companies and 10 years with other they will only pay a portion of what it takes to replace your roof. Even after you pay that gigantic deductible.
Small example. If your roof is 11 years old some companies will only pay 64% replacement cost so on a $300,000 home you need about $35,000 to replace the roof. After paying your $6000 deductible of the remaining $29,000 this company would only pay up to $18,560. So you need $35,000 and only get $18,560 kind of hard to get the work done at that point.
Starting tomorrow Allstate is creating a policy that will never switch to that payment schedule or devalue your roof weather it is 5 years or 500 years old. We will also be offering 1% and below deductibles this is the way home insurance use to be and is supposed to be.
So to all the people in the panhandle area with our roofs from 2013 you could be left hanging by your current company when this hail season hits (its already started). Message me or call 806-641-5489 let get protected properly!
