When disaster strikes your commercial or industrial business, it can seem incredibly difficult to recover. But by being prepared and knowing what to do following a commercial fire or flood, you can help to make the commercial property restoration process much smoother. At Paul Davis Restoration of North Dallas, we can assist businesses in their recovery efforts for industrial restoration. Here, we discuss what business owners should do after experiencing an industrial loss.
Contact Your Insurance Company
When fire damage, flood damage, or another disaster takes over your industrial or commercial business space, you should call your insurance company as soon as possible. This notifies them that you have just experienced an issue and they can guide you through the next steps in terms of placing a claim. Depending on your insurance coverage, your policy may cover different things or events. For example, some business owners may skip out on flood insurance or other policies to save money on insurance fees every month. However, this can leave you uncovered if a flooding event ever occurs in your commercial space.
To avoid this, it can be a good idea to call your insurance company before a fire or flood even hits. This way, you can fully understand your policy and coverage for your business. It can also give you the time needed to add other policies to your insurance plan so you can be covered for any event.
Inspect Damages
When you experience a fire or flood, the next step is to document the damage and your possessions. Business owners should start this process by taking pictures and videos of every space. They should also write down and describe the damages to have further evidence. Business owners must document things like building structures, appliances, inventory, and supplies that have been damaged. It can also benefit businesses to document spaces that are seemingly untouched by flames in the event fire. This is because smoke damage can still affect areas within your business that were not impacted by flames.
The sooner business owners can document their damages, the more details they’ll be able to remember for insurance purposes and commercial services. In addition, inspectors must visit your space to document damages, as well. Depending on the inspector, they can determine how the fire was caused and which items are covered under your insurance policy.
Receive Reimbursement
After filing a claim, you must wait to receive reimbursement from your insurance company. By looking at what your policy covers, your insurance may cover a variety of events. For starters, they can pay out for restoration services so you can restore your building to the way it was before the incident. You can also receive funds for replacing equipment, inventory, and stock. This gives you the resources necessary to start your business back up in an organized, efficient manner.
Some insurance policies also cover income that is lost during the recovery period. In other words, insurance companies can provide the income you would have made if your business was still up and running. Not only can this make it easier to complete restoration efforts, but it can also help to cushion the effects of a fire, flood, or other disaster.
Call Your Local Restoration Company
To restore your business to the way it was before disaster hit, your next step is to call the right restoration company. However, there are a few things to keep in mind when researching restoration companies in your area. For example, you want to find a restoration company that specializes in a variety of restoration services. This is because some companies may not offer certain restoration services you may end up needing. By choosing a restoration company that specializes in many areas, like water leak restoration and commercial fire damage restoration, you can fix your business with ease and convenience.
In addition, having a detailed plan of what needs to be restored before contacting restoration companies can help to receive accurate quotes on fixing damages, and it can make the restoration process even more efficient.
Industrial Restoration at Paul Davis Restoration of North Dallas
Paul Davis Restoration of North Dallas aims to help business owners and residents recover from disasters through easy, quick, and reliable customer service. Utilizing transparent communication and the most advanced technology and practices available, business owners can receive assistance for their recovery efforts. Located in Carrollton, we serve those across North Dallas and the surrounding areas. To learn more about our restoration services, contact us today.
