Record the owner’s actual funding needs
Ask the insurer to explain the applicable deductible and coverage decisions. Separately identify optional upgrades, uncovered work, temporary expenses, and any amount needed before claim funds are available.
Understand the deductible rule
The Texas Department of Insurance states that contractors may not waive a home insurance deductible or help an owner avoid paying it. A financing discussion does not turn that obligation into a contractor discount or an inflated repair invoice.
Review any borrowing arrangement directly
- Ask the lender what expenses the proposed loan may fund.
- Review fees, interest, repayment dates, and security requirements.
- Confirm availability of funds before accepting a contractor payment schedule.
- Keep invoices, payment records, and the construction scope accurate and separate from the loan documents.