3 Tips for Filing a Commercial Fire Damage Claim

7/12/2020 (Permalink)

Making a fire claim on a commercial or apartment building nearly requires an expert. It’s easy to get lost in the deductions, exclusions and riders and even easier to overlook coverage that you’re entitled to.
While most insurance agents are really interested in their clients, some will “forget” to tell you about money that’s due to you – or maybe even not know about it. It’s technically in their interest if they can save the insurance company money, so the incentive is always there.
However, by knowing a few simple tricks and techniques, you’ll come well prepared to the table. You can save yourself a great deal of time and stress if you follow these three tips for an easier fire claim.

File the Claim as Soon as Possible

Your first act after a fire should be to make sure everyone is safe. Then, once the fire is out, you need to file the claim immediately.
You can either call the insurance company directly or have a mitigation company help you with the claim. Some fire restoration companies are considered “Preferred Vendors” by major insurance companies. They’re used to working with insurers to get the job done sooner and at a reasonable cost.

Exposed Areas Should Be Tarped Up Quickly

When a building envelope has been opened in Henderson, CO, it allows storms to damage internal construction materials that aren’t weatherized and can cause severe electrical issues. Plywood boards and temporary tarps can be used to protect from unnecessary damage.

Document Everything and Don’t Miss a Payment

Make a list of all your damaged items. Note how much business is lost, especially if you have business interruption coverage. Otherwise, you can often write off the losses.
Above all, don’t miss a premium payment! In the chaos that follows serious fire damage, it’s easy to forget about a due payment – and there’s no worse time to lose coverage!
If you know your rights and act with forethought, the fire claim process can be relatively smooth. SERVPRO is Here to Help you in your time of need.