When it comes to getting a new roof for your home, it can be tempting to go with the cheapest bid. After all, who doesn’t want to save some money, right? However, the roofing industry can be challenging to navigate due to the vast differences in pricing. On one hand, you might receive a bid as low as $10,000, while established and reputable roofing companies are quoting prices between $16,000 to $20,000. On the other end of the spectrum, there might even be a bid reaching $50,000. In this blog post, we’ll explore why the cheapest roof may not always be the best choice and why it’s crucial to consider the reliability, expertise, and materials used by contractors.
New Contractors: A Risky Proposition
Often, the cheapest bids are submitted by new contractors trying to establish themselves in the industry. While everyone deserves a chance to prove themselves, it’s important to consider the risks associated with hiring a newcomer. Statistics indicate that a staggering 80% of companies in the roofing business fail within the first five years. Opting for a new contractor might mean putting your trust in a company with limited experience and no proven track record.
Longevity and Support Matters
When investing in a new roof, you want to ensure that the company you choose will still be available in the future should any issues arise. A well-established roofing company with a solid reputation is more likely to stand the test of time and provide ongoing support for their work. On the other hand, a new contractor might disappear after completing the job, leaving you stranded if any problems surface later on.
Knowledge and Industry Relationships
Experienced roofing companies have had time to develop relationships with manufacturers and suppliers. These relationships can be crucial if any issues arise with the materials used on your roof. Established contractors can call on these connections to assist you in resolving any problems quickly and effectively. On the contrary, new contractors might not have these relationships, leaving you to deal with potential material issues on your own.
The Hidden Cost of Underbidding
New contractors may underbid projects to secure business, but this often comes with a hidden cost. Some of these bids might not even cover the cost of materials, leading to corners being cut or subpar materials being used. For example, some may resort to using “seconds” shingles, which are previously opened, returned, or exposed to weather. These shingles may have aged significantly, resulting in color variations and potential durability concerns.
No Safety Net for Warranty and Guarantees
Established roofing companies often provide warranties and guarantees to give their customers peace of mind. These safeguards ensure that in case anything goes wrong with the roof during the warranty period, the contractor will be responsible for addressing it. New contractors, however, might not be able to afford the financial hit of fixing a major issue, potentially leaving you to bear the cost.
Conclusion
While the allure of a cheap roof can be strong, it’s essential to look beyond the initial cost and consider the long-term implications. Opting for the cheapest bid may expose you to risks like inexperienced contractors, subpar materials, and the lack of ongoing support. A new roof is a significant investment in your home’s safety and value, and it’s worth choosing a reputable, experienced, and reliable roofing company to ensure the job is done right. Remember, quality workmanship and the use of high-grade materials can save you money in the long run by reducing the need for frequent repairs and replacements.
When evaluating roofing bids, always take the time to research the contractor’s background, read customer reviews, and ask for references. Investing in a reliable and established roofing company will not only provide you with peace of mind but also the assurance that your roof will withstand the test of time and protect your home for years to come.
Your Local Roofing Company
At Matrix Roof & Home, we’re dedicated to protecting your most important investment – your home. With over a 15-year proven track record in the industry, our licensed, insured, and bonded team provides transparent and trustworthy roofing services. We’ll take pictures during your roof inspection and show you the problem areas, empowering you to make informed decisions.
We are proud to offer a wide variety of residential and commercial roofing services, including:
- Roof Repair Services
- Roof Replacement Services
- Roof & Gutter Cleaning Services
- Roof Installation (Metal, TPO, PVC, Asphalt Shingles, etc.)
- Residential and Commercial Roof Inspections
- Gutter Installation
- And More!
Don’t wait until it’s too late – contact us today to schedule an inspection!