Storm Chasers & Insurance Trends: What Homeowners Need to Know

In recent years, homeowners have faced a dual challenge: a surge in natural disasters leading to increased insurance claims, and the predatory practices of fraudulent contractors, commonly known as “storm chasers.” These unscrupulous individuals exploit the aftermath of storms, offering quick fixes and often disappearing with homeowners’ money, leaving substandard or incomplete work behind. As a result, insurance companies are tightening their policies, leading to reduced payouts and stricter claim processes.

The Rise of Natural Disasters and Insurance Claims

The frequency and severity of natural disasters have escalated, causing significant property damage and prompting a surge in insurance claims. For instance, in 2024, insurance losses from natural catastrophes are expected to surpass $135 billion, driven by events like hurricanes in the U.S. and flooding in Europe.

The Threat of Storm Chasers

In the wake of such disasters, storm chasers—fraudulent contractors who exploit affected homeowners—become prevalent. They often go door-to-door, offering immediate repair services, pressuring homeowners into quick decisions, and requesting large upfront payments. Unfortunately, many of these contractors either perform substandard work or vanish without completing the job.

Impact on Insurance Policies

The fraudulent activities of storm chasers have led to a significant increase in insurance claims, many of which are inflated or entirely fabricated. This surge in fraudulent claims has compelled insurance companies to implement stricter measures, such as reimbursing only the depreciated value of older roofs and requiring higher deductibles. A payout secured by a “storm chaser” may no longer cover the entire cost of the roof and leave the home owner with a large payment.

Protecting Yourself from Storm Chasers

To safeguard against storm chasers, homeowners should:

• Verify Credentials: Ensure the contractor has a local physical office and carries liability and worker’s compensation insurance (specific to Ohio)
• Research the Company: Look for reviews and complaints online before hiring.
• Avoid Upfront Contracts: Do not sign over your right of representation or make a down payment.
• Get Multiple Estimates: Obtain at least two written estimates to ensure fair pricing.
• Be Wary of High-Pressure Tactics: Legitimate contractors will not pressure you into immediate decisions.

The Enterprise Difference

At Enterprise Roofing, we understand the importance of trust and quality in protecting your home. Serving the Dayton area since 1926, we pride ourselves on unsurpassed craftsmanship and a commitment to our community. Unlike transient storm chasers, we stand by our work and are here for you whenever you need us.

Contact Us

If you’re concerned about the state of your roof or need reliable repair services, don’t fall victim to storm chasers. Reach out to Enterprise Roofing for a trustworthy assessment and quality workmanship. Contact us today through our online form, and let our experts help you protect what matters most.