Skip to main content
No. of Recommendations: 0
Clearly something underhanded is going on ...

I'm not as sure about that. It's certainly possible it is a scam, but it's also possible that it's a legitimate company who specializes in helping people get the insurance benefits they are paying for.

I completely agree that this would be a company to be careful with, but I'm not sure I'd immediately write them off as a scam. In the words of Ronald Regan, trust but verify.

Check out what they claim to do. Ask to visit a couple of current jobs in the area. Ask for a reference from a couple of recently completed jobs. Ask for a reference from their supplier of roofing materials. Check out their history with your state board that licenses contractors.

I'd also investigate the results of making a claim. Homeowner's insurers all subscribe to claims databases, where records of insurance claims on a house are kept. Sometimes having a claim on file will affect your insurance rates in the future. Or it might affect what insurance you can get.

For example, a few years ago, I made a claim for a tree that fell down in a storm and blocked the sidewalk and was partially into the street. Fortunately, there was no additional damages, so the only cost was for the clean up. At the next renewal, I had a little trouble getting the next policy because of the claim. It wasn't the end of the world, but it did cause a small issue. Had I known this, I might have just paid to have the tree cleaned up, as the cost was not outrageous. I would certainly feel different if the damage had been more extensive - say the tree fell on the house instead of away from it.

Print the post  


When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.