Insurance money


I have a customer who needs a reroof due to storm damage. Insurance has approved it. He wants to pay half up front and the rest when he gets his check. How do you guys handle this contract. Get paid balance direct from insurance or customer and any caveats?

Very common.

The contract is simply between you and the customer. Not the insurance company. So you can’t collect procedes directly from anyone but the homeowner.

Most everybody works that way. You get their first check upfront, and the rest after the customer gets their depreciation check.

thats always how i do it. 50/50, half upfront & second half on completion w/ insurance & no insurance jobs.

Yes, what they said. Insurance will send the depreciation check when the h/o sends them your final bill.