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The 8 Essential Things You Need to Know About Your Insurance Deductible

Government Legislature Protects Homeowners

2 min
Aerial view of the Central Park neighborhood in Denver, Colorado with white text, "You Are Responsible for Your Insurance Deductible"

On June 6, 2012, Colorado and Governor Hickenlooper adopted Colorado Senate Bill 38 (SB 38). It states that a roof deductible paid by a roofing contractor results in insurance fraud.

As a homeowner, it might make sense to allow your roofing contractor to cover your insurance policy deductible towards your new roof replacement. Financially, it seems as though it would benefit a property owner to work with a Denver roofing company that is willing to absorb the insurance deductible. According to Senate Bill 38, that is now illegal and is viewed as insurance fraud.

Only pay your insurance deductible. There are no hidden costs when you work with Metro City Roofing.

8 Key Details About Senate Bill 38

According to this enforceable law, the following are eight key points that will impact you as a property owner concerning your new roof replacement insurance deductible.

Senate Bill 38 makes any of these offenses punishable by law:

  1. Prohibits a Colorado roofing company from paying an insurance policy deductible
  2. Prohibits a roofing contractor from waiving an insurance policy deductible
  3. Prohibits a roofing contractor from contributing any monies or actions toward the insurance policy deductible
  4. Will not allow a roofing contractor to provide a sign credit for installing a yard sign
  5. Makes it illegal for a roofer to give a rebate while working on an insurance claim
  6. Makes it illegal for a Colorado roofing company to give merchandise construed to be payment or toward a deductible
  7. Doesn’t allow a roofer to give a gift certificate related to a roof insurance policy claim toward the insurance deductible
  8. Has deemed that a roofer’s coupon that’s provided in conjunction with a roof insurance claim will be construed as insurance fraud

Should you have any questions and believe you may have roof damage from a hailstorm or windstorm, contact your insurance company and ask questions about your homeowners insurance policy and insurance deductible before filing an insurance claim.

Are you looking for the best Denver roofing company?

Metro City Roofing is the #1 roofing contractor recommended by local insurance agents across the Front Range.

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In addition to your responsibility to pay your insurance deductible, you should ask your insurance company whether your insurance policy is a replacement cost value policy (RCV) or actual cash value (ACV). Should you have an ACV policy, you will incur additional expenses, as depreciation is deducted from your replacement cost.

Why Choose Metro City Roofing?

Metro City Roofing is a Colorado roofing company headquartered in Denver, CO, with offices in Denver and Colorado Springs. We specialize in hassle-free professional roofing and will treat your home like our own.

We deliver the best professional roofing services across the entire Front Range from Fort Collins to Colorado Springs. We are proud of the excellent reputation we've earned, with outstanding customer satisfaction, one roof, and one customer at a time.

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Jonathan Abramson

Jonathan Abramson

Colorado Roofing Expert, Founder of Metro City Roofing

Jonathan loves the roofing industry as his company helps individual customers to navigate the insurance claim process and get them the new roof they need after a hailstorm. He has earned numerous roofing certifications and licenses, including the distinguished All Lines Adjuster License.

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