u/GuaranteeNew6009

Will try to make short.

My mom owns home. I live in it, I pay her rent/ pay insurance on home. There’s still an active loan on home.

Bad wind/ rain storm

Roof got damaged.

She filed a claim for roof (she has to since home is in her name).

She dealt with insurance from point A to B.

Adjuster came out.

Need full roof replacement.

Got 5 quotes from local/out of town for roof.

Pretty decent size home. Everyone quoted within $25-30,000.

My mom isn’t really keeping me in the loop of things (as for how much insurance sent)

She did at first say they wanted to only pay out $17,000. But she sent over all 5 estimates.

So say if they send $30,000 and we ended up only using $25,000 for roof.

What will happen with the remaining funds?

My mom did say the insurance company sent check over to the bank (with my mom’s name on it as well) she said that the bank is making her keep it in a separate account.

Basically saying they are holding the money and will only release whenever they have pictures and estimates. Not sure what she meant by that.

I’m not sure if she’s trying to pull on over one me. God I’d hope not. But something is seeming fishy. I asked her if there was any remaining funds if she could get a new front door (this door is 20 years old)

She said she can ask but probably no funds will be available.

It’s not adding up from what she previously told me. I’m confused.

I don’t want to spent remaining funds on personal things for myself. I want it to be used for the home. Not new flooring or new decor. Things that need done for instance new door & 2 windows upstairs that are boarded up.

So I guess I’m asking what other people think. Like I said I never dealt with insurance before. She handled it all. I have no idea who insurance company is.

Does it sound correct that the bank is holding money and wants too see proof of everything before releasing any funds?

Oh also, we had to pay deposit before scheduling an appt. So she said the bank would send it out to the roofing company. I asked the roofing company if they received it they said yes. Should I ask if it was a personal check with my mom’s name or was it from bank.