What is a contingency agreement and why does it protect you?

A contingency agreement is a contract that says: we will replace your roof, but only if your insurance carrier approves the claim. If they deny it, the agreement is void and you owe nothing. It protects you in three ways. It commits us to advocating hard for the claim because we have skin in the game. It locks in your scope and pricing so a low initial offer from the carrier doesn’t become your final number. And it means you don’t have to make the replace-or-not decision until after the claim is settled.