RoofMarketplace launches guaranteed roof replacement pricing

RoofMarketplace has launched Total Roof Price, a service that provides insurers with a guaranteed price for replacing an entire roof or an individual slope.

The price is supported by competitive bids from vetted, local, manufacturer-certified roofing contractors. The service is designed to fit into carriers’ existing claims workflows, allowing adjusters to obtain a market-backed project price without changing their current processes.

RoofMarketplace says the approach can reduce negotiations and supplemental claims by replacing estimated costs with an upfront guaranteed price.

Once a claim is approved, homeowners and contractors can receive up to three competitive bids from local contractors. The company describes Total Roof Price as a market-based pricing layer for property claims, rather than an estimating platform, pricing database or managed repair program.

“Material benchmarks and line-item software tell you what a shingle might cost, but that’s not enough. Total Roof Price™ gives carriers something fundamentally different: a guaranteed total project price backed by local contractors who are ready to swing the hammer.” – Gwen Olson, Chief Strategy Officer at RoofMarketplace,