Roof Talks: A Leaking Roof Doesn’t Always Mean it’s Time to Re-Roof

May 22, 2019

There are home warranties, car warranties, and service warranties, but what about coverage for one of the single largest capital expenditures in a building? On this episode of Roof Talks, host Tyler Kern sat down with Rick Lewis, CEO of Fortis to discuss how building owners can defer expenditures, such as replacing a roof, with a commercial roof warranty.

According to an article on Roofing Contractor Magazine, 80 percent of commercial roofs are replaced prematurely. “Age and the fact that it’s leaking isn’t the sole determinant whether a roof needs to be replaced,” Lewis said.

Typically, a roof leak is an “isolated incident in a high-risk area where there is perimeter penetration,” Lewis explained. Within the last 10 to 15 years, roofing material quality has begun exceeding the manufacturer material design life.

Essentially, that means roofing materials are capable of lasting longer than they have and often can be repaired instead of automatically replaced.

“We’re prolonging a roof’s life cycle with our proprietary roof methodology,” he said. “We’re doing so…through reconditioning the roof and the issuance of our performance guarantee.”

Denver-based Fortis uses proprietary inspections and reconditioning protocols to precisely estimate the useful life of a building’s roof. As such, Fortis can write commercially roof warranties backed by Lloyd’s of London.

“No one wants to spend money on a roof for sure,” Lewis said. “It’s out of sight and out of mind until it isn’t. But when it isn’t — when it leaks, it’s disruptive for everyone- this is a solution.”

For the latest news, videos, and podcasts in the Building Management Industry, be sure to subscribe to our industry publication.

Follow us on social media for the latest updates in B2B!

Twitter – @BuildingMKSL
Facebook – facebook.com/marketscale
LinkedIn – linkedin.com/company/marketscale

Recent Episodes

Construction Mind Shifter
View episode

  The construction industry will build a community of intentional leaders with a bit of help from a Construction Mind Shifter. In the latest episode of Straight Outta Crumpton, hosts Greg Crumpton and Gabrielle Bar sit down with Jesse Hernandez, a Principal at Depth Builder and a self-proclaimed “Construction Mind Shifter.” Hernandez shares his journey […]

engineered solutions
View episode

  Jon Pattrin, Operations Manager at ExactAire, sheds light on Polygon’s unique approach to data collection and analysis. Instead of just handing over data, they analyze it with their clients, offering tailored engineered solutions for their specific needs, be it in plant buildings or offices. These solutions could range from introducing smart controllers for efficient […]

cost model
View episode

  According to Aaron Berg, VP of River Logic Strategy, the Digital Planning Twin, specifically within River Logic’s system, is distinguished by its meticulous cost modeling approach. In crafting a comprehensive plan for production volume, a key concern is predicting the resultant financial outcomes. This necessitates a detailed breakdown of costs into their essential drivers […]