CPC has received a message from Tremco regarding rising insurance rates on educational facilities and how they can help you create a plan for your roofs in a time of rising premiums.
From Tremco:
Tremco can assist and interface with your insurance provider if they’ve raised concerns about the roof or facade of your building. The goal of Tremco’s assistance is to ensure the common sense implementation of a plan that minimizes increases to your insurance premiums.
Tremco’s noticed a concerning trend within the insurance industry, specifically relating to roofing coverage for educational institutions. Insurance providers have begun implementing substantial changes; such as premium increases, heightened deductibles, and, in some instances, discontinuation of coverage altogether. These adjustments are largely attributed to the influx of costly roof-related claims they’ve encountered over the past few years.
The Tremco team is working with numerous school districts and interfacing with their insurance provider to assist in this process and would like to offer support to you as well. The team is equipped to conduct thorough roof assessments, compile detailed reports, and develop comprehensive long-range plans tailored to your specific needs and budgetary considerations. The best starting point is to have an introductory call to discuss options that may minimize the changes in coverage and provide accurate information to your insurance provider.
Since this is a bit of newfound territory for all involved, a little guidance can sometimes go a long way. Please don’t hesitate to reach out if you have any questions or wish to discuss further. We look forward to connecting with you and your school district.
Ryan Palmer
Senior Field Advisor
Tremco Roofing
507-402-6783
[email protected]