Mitigation — Restore or Replace?
Natural
disasters like floods (or burst pipes) and fire can hit
any building. As you consider the aftermath of a problem
like this, whether alone or with your insurance
adjuster, here are the facts that can help you decide.
Consider
restoring instead of replacing when:
- Restoration costs are less than 60% of
replacement costs.
- Restoration will be faster and/or more
convenient. (Don't forget to consider the time that
will be required to select replacements.)
Choose
replacement when:
- It is
faster or more convenient.
- If
restoration cannot promise satisfactory results.
What to Look For in a Restoration
Vendor<
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Do they
provide employee training programs for:
- Mitigating water, fire/smoke, and odors
- Restoration versus replacement
- Policy
holder communications
- Up-to-date technology
Ask for
details about the vendor's procedures:
- How
quickly do they respond?
- Do
they estimate time of completion and make updates on
progress?
- Do
they inventory items removed?
- Do
they conduct a final walkthrough when the job is
complete?
For best
results, take the time NOW to select a disaster
restoration professional — do your “shopping” before you
need to make that call.
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