How To Estimate Commercial Fire Damage
How To Estimate Commercial Fire Damage
A commercial fire is devastating, and after a fire, you may feel confused, frustrated and scared. In many cases, the insurance companies have adjusters that will do the actual calculations, but you still need to tell them exactly what was lost in the fire. After contacting your insurance agent, you will need to estimate what was lost. This may seem like a difficult task, but there are very basic things that you can do to make it easier.
Take an Inventory
The first thing you want to do is take an inventory of everything that is damaged. Write it all down, even if it seems inconsequential. You should write down:
- Damage to the exterior and interior of the structure
- Inventory loss
- Equipment loss, particularly electronics
- Supply loss
Knowing what you lost is the first step in getting an accurate estimate of the damage caused by the fire and firefighters. Fighting the fire sometimes causes more damage than the fire itself.
Evaluate Structural Damage
You should only enter the structure when it is safe to do so. If the structure is damaged beyond repair or the damage is extensive, you can use the formula, square foot cost to rebuild or repair multiplied by the total square footage of room or structure to approximate the cost of rebuilding or repairing the damage. You will also need to add in the cost of water damage and fire damage restoration in Prescott, AZ for your calculations to be accurate.
Approximate Equipment Loss
Approximating damages in a commercial fire also includes damage to equipment, inventory, and supplies. You can do this by performing a reverse inventory. Take an estimate of what you had before the fire and subtract what you have now. This is what you lost. It is particularly important in a commercial fire where inventory and supplies are damaged.
Remember, insurance companies have adjusters that use formulas to estimate the value of what was lost. You should only need to give them an accurate picture of what was lost.
How To Remove Mold From Your Company's Carpets
Water damage in Prescott Valley, AZ
When businesses suffer an infestation of mold, it often gets inside walls and ceilings. It may also appear within carpeted flooring, in which case a carpet cleaning specifically targeted at killing spores is required. What follows is the proper procedure for getting rid of foot-level fungi in Prescott Valley, AZ.
Carpet Mold Removal Safety
Any form of contact with mold contains risk. Protect yourself by using the following equipment:
- Rubber gloves
- Safety goggles
- Hazard suits
- Disposable foot and head covers
Besides the possible effects to one’s health, eliminating carpets of mold spores can be time-consuming and laborious. An alternative to handling the task on your own is hiring a team of mold remediation specialists to tackle the job for you.
Carpet Mold Removal Procedure
To execute a proper office carpet cleaning, start by increasing the room’s ventilation. Open windows and doors near the affected area. Additionally, you want to quarantine the contaminated zone, preventing others from accidentally exposing themselves to mold’s potential health effects. Use plastic sheeting and floor signs to signal that the space is temporarily off-limits.
Take a stiff brush and sweep away as much mold as you can into disposable bags. Vacuums outfitted with HEPA filters can be used for an even deeper clean. Follow this step by scrubbing the area with a non-bleach cleaner and then allowing the carpet to dry. Once your rug has been de-moisturized, run your vacuum over the carpet one more time to rid yourself of any remaining spores.
Anti-fungal coatings can be sprayed to aid in the prevention of mold problems from reappearing. These helpful deterrents can be found at hardware stores or purchased online.
Steam cleaners may likewise be employed to rid carpeting of mold, although the level of success this method achieves varies. If musty odors linger, applying a mixture of vinegar and baking soda is a good strategy for ridding your company of unpleasant smells.
A thorough carpet cleaning is required wherever mold appears. When embarking upon the task, follow these comprehensive steps to thoroughly defeat the problem.
Important Information on FEMA Payments
Anything that is not covered by your insurance company could be paid for by FEMA disaster assistance programs
Information on FEMA Payments
If you have recently experienced a flood, you will have a lot of expenses, from finding a remediation company to renting a home. The good news is that anything that is not covered by your insurance company could be paid for by FEMA disaster assistance programs.
Making a Claim
After registering with FEMA, you need to start the claim process for your home in Prescott Valley, AZ. Here are the steps you must take:
- Contact your insurance company and file a claim
- Take photos of the damage to your property
- Meet with your insurance agent
- Collect documents related to your damaged property
- Get proof of loss
- Fill out your application for relief
Average Claim Payments
The amount of relief you receive is based on your individual loss. However, you can expect to receive several thousand dollars from FEMA if you do not have adequate insurance.
If you have the ability to acquire temporary housing on your own, you will not be able to receive a place through the program. However, if you cannot afford a hotel or rental property, the relief program can offer you temporary housing. Additionally, if you do not have enough insurance to replace all of your home and personal belongings damaged, you can receive funds through the program.
Before you can get paid, you will need to provide adequate documentation of your losses. Once you have turned in your proof of loss and finished your application, your information will be reviewed. This process can take a while and is known as the waiting period.
If you have recently experienced flooding or another natural disaster, you may want to know more about the disaster relief programs offered by the government. If you are eligible for relief and have made a claim, you will likely receive a chunk of money to pay for disaster-related expenses.
Is Mold Covered by Commercial Insurance?
Mold damage in Prescott Valley, AZ
What Is Covered In Your Commercial Insurance
Mold growth can cause major damage to your Prescott Valley, AZ, business. Understanding how commercial insurance addresses mold is key to protecting your property.
Mold Insurance Coverage
Most commercial policies do not cover mold damage in most circumstances. Many policies include a fungus exclusion, which specifically states that damage is not covered if it is caused by the following:
- Fungus (including mold and mildew)
- Wet rot
- Dry rot
Some policies do, however, state that mold damage is covered if it is caused by certain specified events, such as fire or lightning. Make sure that you read and fully understand your policy. Speak with your agent if you have any questions.
Because most commercial insurance policies do not cover mold, the best way to protect your business is to prevent the mold from growing in the first place. Mold needs three things to thrive: warmth, food and water. Most indoor locations are sufficiently warm and have multiple food sources available. The presence of moisture is the variable over which business owners have the most control. Keep indoor humidity below 50%. It may be necessary to run dehumidifiers in particularly humid areas of the building. Clean up spills and repair water damage as soon as possible. An experienced restoration service can help ensure the property is fully dry after flooding.
Another tactic for reducing the likelihood of mold growth is minimizing the number of spores present. Mold spores are invisible to the naked eye and present almost everywhere. Air purifiers with HEPA filters can trap a significant number of these spores before they have a chance to colonize. HEPA filters can also be installed in the HVAC unit. If your building has carpet, routine deep cleaning kills the spores that get trapped in the carpet fibers.
Commercial insurance generally does not cover mold damage in commercial buildings. However, understanding your policy and taking steps to prevent fungal growth in the first place are important steps you can take to protect your business.
4 Steps of the Fire Damage Restoration Process
Fire damage in a Prescott Valley, AZ home
Fire Damage Restoration Process
If you have recently experienced a fire in your home in Prescott Valley, AZ, you might be at a loss about what to do now that the flames are out. Fire restoration is a serious undertaking. You can make sure the job is done right by hiring damage cleaning experts that follow a proven process.
The first step in restoration is understanding the task at hand. The restoration company will inspect your home for any issues that were caused by the fire. Professionals inspect not only the immediately affected area but any rooms that might have suffered smoke damage, too. They also look for signs of water damage that resulted from the fire. Afterward, these experts use their findings to create a plan, cost estimate, and timeline for your cleanup process.
2. Property Protection
Depending on the severity of the situation, your home may need further protection. Holes in the roof and walls leave your property open to more problems. If needed, the company will seal and tarp the house to prevent further damage.
Cleaning is the most time-consuming step in fire restoration. There are many steps in the cleanup process, including:
- Removing burned materials
- Drying and repairing any water damage issues
- Air filtration and odor removal
- Inspecting, cleaning and restoring belongings
- Moving out and storing your property in a safe location
The amount of cleaning needed depends on the situation, but even a small fire can create a lot of mess.
Repairing your home is the last part of the process. A fire damage restoration company can replace any building materials that your home lost so that it is structurally sound. Remediation professionals can also complete cosmetic restorations such as carpet installation and painting.
Fire restoration is a daunting process. Having a professional to keep you informed along the way can ease your mind while the work is done.
How Aid is Assessed After a Flood
When your home is flooded as the result of a natural disaster, FEMA can probably help.
How Aid is Assessed After a Flood
When a natural disaster causes widespread destruction, the Federal Emergency Management Agency often steps in to provide assistance and aid to those displaced by the aftermath of the storm. If your home in Yavapai County is damaged by flooding, FEMA may send a housing inspector to assess your property. What follows is a thorough walkthrough that can result in receiving federal assistance for putting your home back together.
When inspectors arrive at your home, they document everything that needs to be repaired or replaced. If there is a lot of damage, this could take a while. They make a detailed list of problems, such as:
• Soaked carpet
• Ruined walls
• Damaged cabinets
• Destroyed items, such as furniture
They take pictures of your home and write down the extent of the problem. For example, if is completely soaked through, they include how many square feet of carpet was affected. The more details they can report, the better FEMA is able to assess your need.
One thing that the inspector will need from you is proof that you own the home. This can be problematic if your deed was destroyed by the storm and you don't have a copy on hand. Getting the paperwork from the appropriate office will have to happen before you are eligible to receive any of the aid that the inspector says you qualify for.
The government inspector is not the only person who needs to assess your property. Your insurance company will likely send an adjuster, and if there are repairs to be done, you should call a flood remediation company so that repairs can begin as soon as possible.
When your home is flooded as the result of a natural disaster, FEMA can probably help. All that is needed is a thorough inspection and proof that you own the home for the inspector to determine whether or not you qualify for aid.
These 4 Qualifications Are a Must for Your Preferred Vendors
SERVPRO of Yavapai County is trained according to IICRC standards in fire and water cleanup restoration.
For Your Preferred Vendors, These 4 Qualities Are Required
When you, as an insurance agent in Bagdad, AZ, have a client with damage from a flood or fire, you need a list of qualified professionals who can restore your client's property "Like it never even happened".
SERVPRO's team of professionals has a solid reputation as the undisputed leader in fire and water cleanup and restoration. Here are some reasons they should be a part of your vendor program.
1. Damaged Property Is Restored Quickly
Professionals are fast to arrive on the scene and pretest the area to determine the extent of the damage. They then provide a plan for the most cost-effective way to restore that property. By doing this, they save your insurance company money. They also communicate with you throughout the process using an electronic system. You, the insurance agent can see it as soon as it's entered into the data bank.
2. Specially Trained Professionals Help Your Client
Restoration professionals are trained according to IICRC standards in fire and water cleanup restoration. They also receive continuing education in the best cleanup techniques. They have the professional skills you and your clients need.
3. National Accounts Guidelines Ensure Standards Are Met
National Accounts Guidelines ensure that background checks are done on every employee. Your clients can be assured of safe, reliable help. Professionals keep detailed records so that completed jobs are filed as proof of work. The staff communicates with you every step of the way.
4. As an Insurance Agent, You Need Qualified Professionals on Hand
When your client contacts you about damage, rest assured that a team is on hand to get there quickly.
Damage from a fire or flood can be expensive if testing and remediation aren't done quickly. By relying on the help of professionals, your client's home or place of business can be safely restored in a way that saves money for your insurance company.
Knowing what kind of flood zone you live in can also be helpful for storage options and emergency preparedness.
If you’re in the process of buying a house in Prescott Valley, AZ or you’re looking for a new home owners insurance policy, you might be familiar with what a flood zone is. If you don’t know what they are, you might want to start reading up on them.
Zoning for Floods?
A flood zone is an area in a specific geographical space that the Federal Emergency Management Agency has determined has at least some risk of flooding. There are four primary types of zones, which correlate to the severity or category of excessive water events that can occur in that area.
- Moderate to Low Risk Areas
- High Risk Areas
- High Risk – Coastal Areas
- Undetermined Risk Areas
How to Find Your Zone
Each area’s zones are depicted on a community's Flood Insurance Rate Map, also known as FIRM, which can be found online at https://www.fema.gov/flood-insurance-rate-map-firm. You can also contact your local municipality or look on their website, most of cities will have zoning information available online. You can try searching for the term “flood elevation certificate” for faster results.
Some people may think that these zones can only be found next to a large body of water or along a river or stream, but that’s not the case. Houses that are nowhere near a body of water can experience a flood if there’s a large rain storm.
Knowing what kind of flood zone you live in can also be helpful for storage options and emergency preparedness. If you live in a high-risk zone, for example, you probably don’t want to put boxes directly on the floor, and you might want to increase the number of your emergency supplies.
If you weren’t aware that your home is potentially at risk for a flood, and a storm causes water related damage, you should contact a storm damage specialist in your area to determine your best course of action and get the damage repaired as quickly as possible.
3 Reasons To Choose SERVPRO After Any Disaster
SERVPRO of Yavapai County commercial restoration team is available 24/7 to help get things under control.
After a disaster, there are three reasons to choose SERVPRO.
When you have an emergency at your business in Prescott, AZ, you need help no matter what time of day. Your insurance agent recommended SERVPRO as a preferred commercial restoration vendor. Here are three reasons to choose SERVPRO after any disaster, no matter what time of day the disaster occurs.
1. SERVPRO Is Locally Owned
Each franchise owner is a member of the community. SERVPRO franchises are locally owned and operated, and there are locations all over the country. A local franchise can get a team to you quickly, and because team members live and work in your community, they understand how important it is to restore an essential local business.
2. SERVPRO Is Faster to Any Size Disaster
A SERVPRO franchise must always be prepared to get a team out quickly when disaster strikes. SERVPRO provides extensive training and continuing education to all employees so that everyone is up-to-date on the latest methods and technologies for cleaning, repairing, and restoring a business after a disaster. To be faster to any size disaster, all SERVPRO employees commit to the highest level of training and readiness, including proper equipment maintenance, cleaning, and storage.
3. SERVPRO Is Available 24/7
Disasters don't care about traditional working hours. Whether you're facing a flood from a broken pipe or a natural disaster, a fire, or mold growth, SERVPRO's commercial restoration team is available 24/7 to help get things under control. Once a crew arrives, they will assess the scope of the damage and recommend a plan of action to clean, repair, and restore your business as quickly as possible. You'll be able to submit all their findings to your insurer, simplifying the insurance claim process.
SERVPRO is faster to any size disaster because they are local, prepared professionals committed to providing quality service no matter what time of day disaster strikes.
3 Reasons Why Filing an Insurance Claim Can Raise Your Premium Rate
If you are not cautious, filing a home insurance claim can have an impact on your premium rates.
Three Reasons Why Filing An Insurance Claim May Increase Your Premium Rate
Homeowners in Bagdad, AZ, are searching for ways to keep their home insurance from reaching unreasonable premium rates. Filing a claim, regardless of fault, can make an impact on your rates. Claims for emergency repairs can drastically hike up your premium prices, which may include:
- Water damage repair from a home flood
- Fire damage repair from a dryer fire
- Mold remediation for homes in humid climates
Here are three reasons filing an insurance claim can change your premium rate.
1. Your Claim Was Ratable
Some insurance companies categorize between non-ratable and ratable claim events. A non-ratable claim includes events that are not preventable, such as roof leakage from wind damage in the event of inclement weather. Ratable claims include events that are preventable, such as liability, medical, and fire damage claims due to dirty vents in heating, ventilation, and air conditioning systems.
2. You Filed Multiple Claims in a Short Period of Time
An insurance company will likely not hike up your premium for one claim. In the case of multiple claims, insurance companies may remove discounts, such as claim-free discounts, and charge an additional premium. The amount of this increase will range depending on your insurance company.
3. You Did Not Provide the Proper Documentation for Your Insurance Claim
After your insurance company processes your claim, they will want proper documentation on file to prove the contractor completed repairs in a reasonable period of time. If you do not provide this documentation, your insurance company may send a notice of non-renewal. If you receive this notice, you will need to search for another company once your coverage has ended.
Filing a home insurance claim can affect your premium rates if you are not cautious. If you are processing a non-ratable claim for damage from inclement weather, it is important to hire a trusted storm cleanup company that will complete repairs in a timely manner. If you can no longer afford your premium, you can always search for other insurance companies that will meet your home insurance needs.