Certificate of completion
What is a certificate of completion?
A signed document confirming the roof work is finished — usually required before the carrier releases the recoverable depreciation.
DefinitionTrack checks to the finish
A certificate of completion is proof that the job is done. The homeowner signs off that the work is complete and satisfactory, and you submit it to the carrier along with the final invoice.
On replacement-cost policies, this document is what unlocks the second check. The carrier holds the recoverable depreciation until they see proof of completion, so no certificate means no depreciation release.
Sending the certificate of completion promptly is one of the simplest ways to get paid faster. The work is already done — the money is just waiting on the paperwork.
Related terms
Recoverable depreciationThe portion of the claim the carrier holds back at first and releases once the roof is replaced and documented.Depreciation releaseThe carrier’s second payment, sent after the roof is completed and documented, that recovers the depreciation held back at first.Mortgage check endorsementWhen a claim check is made out to both the homeowner and their mortgage company, requiring the lender’s sign-off before funds release.Contingency agreementA homeowner contract that authorizes the roofer to do the work if and when the insurance claim is approved.