Water Damage and Commercial Insurance Claims
The actions you take immediately after detecting the water damage are crucial to assuring a full recovery from your commercial insurance claim and salvaging as much of your business property as possible. Often in these situations, where every moment counts toward mitigating further damage (mold and mildew can start to grow within 24-48 hours), you will be making decisions before the insurance company adjuster has even had a chance to review the damages. This makes it all the more important that you properly and thoroughly identify and document the damages before you remove any of the affected property.
The decisions you make and the costs you incur during the drying out, cleaning up, and restoration phase of a water damage recovery process can quickly add up. These costs will potentially impact the amount of your recovery by eating away at limits and sublimits contained within your policy. Working with professionals who can analyze your policy and intelligently guide you through the considerations and options you’ll be facing should be a top priority if you want to maximize your claim settlement.
Our public adjusters can help by:
- Fully reviewing your insurance coverage;
- Determining policy compliance issues;
- Developing a claim management strategy;
- Completing detailed valuations of building, equipment and inventory losses;
- Formulating business interruption models;
- Assembling comprehensive claim presentations with expert reports; and
- Expediting the insurance claims entire process.
Our public adjusters work exclusively for the policyholder—not the insurance company—enabling us to act in your best interest. As your advocate, we ensure that both you and your business’ water damage claim are treated fairly by the insurance company.
Who have we helped?
Having negotiated losses in the past without the aid of your firm, we can honestly say that your expeditious handling of the loss, as well as your ability to negotiate a settlement that was better than we had expected, was greatly appreciated.
Wayne M. Naylor
Director of Risk Management – York International Corporation
Our insurance claims experts have helped thousands of business owners across all types of industries. We encourage you to look through our references and testimonials and to contact us for recommendation letters. An internal review showed that our clients felt we delivered what we promised and would work with us again—facts we are proud of. We welcome the opportunity to put you in touch with past clients so you can ask them yourself.
We highly recommend that you check references of any public insurance adjuster you are considering hiring. We have thousands of glowing references attesting to the fact that we stick by our core principles, the first of which is to always look out for our clients’ best interests.
Listen to our podcast on “Flood – Understanding and Recovering from One of Nature’s Worst Disasters” for tips from our experts:
For additional information, visit:
- “10 Things You Can Do To Make Disaster Recovery Go More Smoothly”
- Water Damage Claim Tips
- “What is a Public Adjuster?”