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

 

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 Warranty 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

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

Latest

Improving Quality and Bottomline for Finishing Operations
June 30, 2022
This is another episode of Manufacturing A Stronger Standard from FABTECH 2021. Host and President of Lesta USA and Degeest Corp., Derek Degeest, talked with Bill Robinson, President and Kris Bonnegent, Regional Read more
Adapting Existing and New Wagner Solutions to Leverage Self-Learning Robots
June 30, 2022
This episode of Manufacturing A Stronger Standard was live from FABTECH 2021. Host and President of LestaUSA and DeGeest Corp., Derek DeGeest, talked with JR Rogers, National Sales Manager for Engineered Systems Read more
How to Be Your Own Healthcare Advocate
June 30, 2022
While healthcare in the United States is often the topic of a heated political debate, there is one subject within it that irks patients and healthcare practitioners alike: time. One of the biggest problems with Read more