***Official 2025 Weather Thread***
- Thread starter wxman1
- Start date
As somebody who works in roofing/siding, these photos make me see $$$. Lol
But seriously, wish these would hit DM area, I’m based out of DM but have been living in a hotel working out of KC and Omaha helping our branches in those cities the last year. And have just been summoned back to Omaha next week.
Aack! Madison was pea size where I was and wife (Oregon) photos looked pea size as well. Several co-workers further south (Monticello area) said golfball-to-tennis ball size, looks like what you got. Weird shape too.
A lot of them are actually wanting hail to get a new roof.
Its not like I’m wishing for all the houses in DM to burn down.
Then you’re wanting to punish your insurance employee neighbors!
Usually don’t get 4” hail without some of this as well. https://www.ketv.com/article/nebras...gton-county-national-weather-service/64526547
wHy ArE My pReMiUmS sO HiGh?
Replacing a roof is home maintenance, not an insurance issue. It's just so weird how if I'm paying for a roof, it costs $13k but if insurance is paying, it costs $25k...
Lol don’t yell at me, I just put on new roofs, I don’t actually make the prices. What insurance charges vs what somebody else pays is not my business.
Suuurre...
State Farm's profits were $5.3 billion in 2024
All State's profits were $23 billion
but yes, lets shame and blame those who have property damage...
I'm not blaming the insured's at all. Its how the system works and there really isn't a good guy in this deal. I just get real tired of contractors (not you cyclonedave) using insurance companies to line their pockets as well. It costs us all money.
Plus, I don't know where those numbers come from. State Farm had a $6.1B Underwriting Loss in 2024 after a $14.1B Underwriting Loss in 2023. Any profit they're making is coming from their investment and banking side. Not that I'm defending them because they are generally awful to their insureds a time of claim.
State Farm Stronger as Underwriting Losses Shrink—But Not in California - Carrier Management
After reporting a $13 billion underwriting loss in 2022 and $14 billion in 2023, State Farm recorded another underwriting loss last year—but the total for 2024 was less than half of those prior reports. Coming in at just over $6 billion for 2024 overall, State Farm’s auto underwriting results...
www.carriermanagement.com
I’m not saying insurance pricing for roofs isn’t higher than it maybe should be, but for a contractor there is more work involved with insurance than a simple retail bid. Homeowner wants bid, we give bid, they pick us, we do the work.
With insurance there is the reviewing damage on initial inspection, adjuster reviewing property during their inspection, along with contractor most often, reviewing paperwork and sending in estimates of their own as insurance often misses quite a few items. That all costs time and money for contractors.
With insurance there is the reviewing damage on initial inspection, adjuster reviewing property during their inspection, along with contractor most often, reviewing paperwork and sending in estimates of their own as insurance often misses quite a few items. That all costs time and money for contractors.
Insurance doesn’t “miss” them. If they can save $500 on every job they’re saving millions.
