Comparing quotes and evaluating estimates from multiple contractors are one of the essential steps to your siding repair or replacement project. Taking these into consideration allows you to assess your budget carefully and encourage the pros to be competitive when it comes to pricing. Coxco Roofing, one of the top local siding and roofing contractors, explains more below.
The Difference Between Estimates and Quotes
While “estimates” and “quotes” are often used interchangeably, these two terms are different from each other in many ways. On the one hand, an estimate refers to how much a siding or any exterior improvement project will cost based on the contractor’s expertise. The actual cost of a project could be within 10 to 15 percent, more or less. On the other hand, a quote becomes a contract once signed. It is a document listing down everything about the siding project.
When assessing a quote, make sure that it clearly outlines the siding or roof replacement project. It should include all the important details, from the material costs to the start and end dates. You can ask the contractor to have it revised, especially if not all items or pieces of information are itemized.
It’s also worth noting that siding quotes may either be too high or too low. A higher bid takes several factors into account, including the roofing material costs, warranties and hidden costs like tear-off fees. Discuss these with your contractor before you sign on the dotted line. However, if you encounter a quote with a low bid, it’s a sign the contractor may not be carrying insurance or even a license to do siding projects. Skip it and turn to other siding quotes if that is the case.
For your siding needs, turn to the hail damage repair pros of Coxco Roofing. We perform a full exterior inspection to ensure your home can continue to protect your family. If your siding is damaged because of a recent hailstorm, we can also assist you with the process of filing an insurance claim and work with your insurer to replace your siding.
Call us today at (972) 437-5697 or fill out our contact form for a free professional consultation. We serve residents of Irving, TX, and the surrounding areas.