Is Your Insurance Company Lying To You? (Probably!)

They spend billions of dollars every year to convince you that they're on your side so you have a warm, fuzzy feeling when you think about buying your policy from them. But is your insurance company lying to you? Does your insurance company have your best interest in mind or are they more interested in the benefit to their shareholders. [TIP] There's a "jump menu" below if you want to jump to any particular section of the video. There is a built in conflict of interest in the way that insurance companies adjust claims. Even though they say they work for you, insurance adjusters represent the insurance companies, not the homeowner and the objective of an insurance company is to make money, not lose it. Therefore, when you have a property loss, should you rely on the estimate provided by your insurance company? When you have a loss from a hail storm and you involve a roofing contractor, the roofing contractor has the knowledge to restore your roof to pre-loss conditions and meet local and international building codes. Your insurance adjuster does not. Trust your local roofing contractor and be wary of the estimate from your insurance company. [JUMP MENU] 1:45 The conflict of interest your insurance company has 2:33 Your insurance company cannot have your best interest in mind 3:30 Not every adjuster, agent, or claim rep is a bad person with bad motives 4:02 Lies your insurance company tells you to make you feel warm and fuzzy 5:00 The "battle" between contractors and insurance companies 5:46 A "real-world" example of an insurance company severely "shorting" a claim for a homeowner 8:56 Who is more closely aligned with your interests when you have a major property loss? 10:49 The reality of what your insurance company thinks about you Homestead Roofing, Inc is a licensed and fully-insured roofing contractor in Colorado Springs, Colorado and serving homeowners in Colorado Springs, Fountain, Falcon, Peyton, Manitou Springs, and other surrounding communities. Visit the Homestead Roofing website for a lot more information, education, scam alerts, and tips at http://homesteadroofingcolorado.com or call our office at 719-433-6991 if you have any questions about this, or any other roofing-related topics.