September 25, 2023
When Should You Pay a Roofer? You have hired a professional local roofing contractor. He has given you an estimate of your home’s roof replacement and repair. And now you are wondering he is such a fair price. Should you pay him now? Or should you wait until the roof is finished? Here are a few factors that will help you to decide whether or not it is the right time to pay your contractor.
When Should You Pay a Roofer?
When getting a roofing job done, your primary concern is the quality of the work. This is something that only a contractor with years of experience will deliver. But professional services come with PRO price. The average domestic roof replacement can cost you a few thousand dollars.
And the professional is supposed to get that money back at the end of the project. After all, he does have a family to feed, as you do. So, he will demand you to pay the bill in advance. And that’s where you need to decide should you pay him the full amount? The decision should be NEVER!
Never Pay the Entire Amount Upfront:
Professional roofers will never ask you for 100% of the balance before the job is complete. They understand the many intricacies involved in a fairly big roof installation. And they know that the cost might fluctuate while doing the project.
For example, hidden leaks, malfunctioning ceiling fans, and more items could emerge while the job is under process. These factors will increase your cost, and you will not be able to predict it in advance. So, being a professional, they may only ask for a small deposit. Yes, they need to cover their initial expenses. But the remaining balance can be paid off when the work is complete.
But if your roofing contractor insists on being paid in full, it is recommended that you should pay your roofing contractor only after the project is completed. And the reason goes like this – You need to protect your interests as a consumer.
While paying the entire amount in advance, you are actually giving him free access to your money. He may not finish the roofing jobs the way you wanted them. And once he gets your money, there is nothing that will stop him from running away.
In such cases, you will be left with no roof and no money. And yes, you can always have legal recourse. But that will take some time and will cause you a significant amount of financial damage. So, it is better to pay him after the project is complete.
When Should You Pay a Roofer – All Possible Payment Options:
1. Look at Payment Insurance:
Insurance is a legal arrangement to protect your rights as a consumer. Likewise, there are companies that offer payment insurance on roofing works. They provide protection against the payment insurance by paying the contractor after the job is completed.
The payment insurance covers all or most of the excess roofing costs. So, in the case of the contractor overcharges, you will be protected. And most importantly, you will not be left without a roof and your money. All you need to do is give them all the necessary information about the project, and they will take care of the rest.
2. Consider Paying in Installments:
While it is not a very common practice, you can pay your contractor in installments. Yes, it requires some extra effort. But it helps protect your interests as a consumer.
The contract should clearly mention the payment schedule. Otherwise, in case of any potential dispute, it may be hard to determine who owes what.
3. Consider Credit Card Payments:
Credit Card companies can give you some sort of protection. They have a consumer forum and a dispute resolution system. So, in case the contractor is unable to deliver as promised, you can contact them. And they will resolve the matter in a mutually beneficial way.
So when should you pay your roofers? It all depends on you – the consumer. Nobody else cares about your interests but you.