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new roof is advised by insurance company

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Icon Mini Profile robertsmith2005





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Post Posted: Sat May 23, 2009 8:33 am    Post subject: new roof is advised by insurance company
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My Uncle is owning a 12 yrs old house which is not free from any mortgage .

He is continuing house insurance cover for last 12 yrs but now Iinsurance provider is asking him that a new roof is needed. it may be a deciding factor for future insurance cover. But there is no visible sign of slippage or crack.

Are they correct? in the absence of visible sign, is it worth to invest?
Icon Mini Profile gmakerley
gmakerley
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Post Posted: Sat May 23, 2009 8:54 am    Post subject:
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it seems a bit early robert, but it would also seem that the insurer must have some rationale for its recommendation.
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Icon Mini Profile robertsmith2005





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Post Posted: Sat May 23, 2009 9:18 am    Post subject:
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should we consult our mortgage company?
Icon Mini Profile manoj_gopale
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Post Posted: Sat May 23, 2009 12:55 pm    Post subject:
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In my opinion the mortgage company should also bear some proportion towards the roof replacement, because they also own the house in some proportion. Arrow Arrow
Icon Mini Profile sunil87020





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Post Posted: Sun May 24, 2009 3:08 am    Post subject:
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Hi ROBERT,
I think you should conatct your insurance company...
Consolidation

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Post Posted: Tue Aug 25, 2009 5:26 am    Post subject: Nice Post
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charming post. upright one decimal where I quarrel with it. I am emailing you in detail.
Icon Mini Profile gmakerley
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Post Posted: Tue Aug 25, 2009 9:30 am    Post subject:
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i wish i had seen manoj's response back then...there's no way a lender is going to get involved in repairing a roof that is the borrower's concern. that's out of the question.

as for "consolidation" and that response...HUH?

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Icon Mini Profile captcharwp007
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Post Posted: Sun Aug 30, 2009 7:33 pm    Post subject:
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