www.mrca.org  —  Midwest Roofer
19
LEGALLY SPEAKING
be in a better position to keep projects moving.
A Final Thought
Policies are getting more complex, especially 
when it comes to roofs. Contractors do not need to 
interpret coverage, but understanding how these 
endorsements work can help avoid wasted time and 
difficult conversations later.
Having a knowledgeable insurance coverage 
attorney as a resource can help provide clarity 
on these trends while allowing contractors to stay 
focused on the work itself.
Sources:
1.	 Verisk, U.S. Roof Claims Costs Exceed $30 Billion in 
2024 
2.	 Insurance Information Institute (III), Hail Statistics and 
NOAA Event Data (2025) 
3.	 NOAA Storm Prediction Center, Severe Weather Event 
Data 
4.	 Sample Dwelling Policy, Roof System Payment 
Schedule and Loss Settlement Provisions
We value our contractors, and we strive to bring irreplaceable value to them - from our team. 
Advanced Bitumen  
Technology Systems
StrongHold Single Ply 
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Storm Breaker Roof  
Coating Systems
RepairBOSS - Full 
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for roofing contractors.
bitec.com
800-535-8597
We are a full systems manufacturer and we 
stand on our 4 Pillars of Roofing.
CELEBRATING 40 YEARS  
OF ROOFING INNOVATION
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REPLACEMENT COST ISN’T WHAT IT USED TO BE:
THE RISE OF ACV AND ROOF PAYMENT SCHEDULES
Continued from page 17

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