Knowing your Policy Coverage

6/10/2021 (Permalink)

Most commercial properties have a high insurance policy and coverage rate. Does your office have a plan of action in place that can answer all of the questions that your restoration company may ask?

Commercial property policies protect business properties and their contents against loss, like fire, theft, or other physical destruction. These policies may also cover loss of income or an increase in business expenses that result from any of the resulting property damage.

Know if your business has a deductible? Confirm that your insurance company has all vendor information that they may need in order to file a claim. 

SERVPRO will work with your insurance adjuster, field rep, and companies site manager that is involved in the claim. We will provide all documentations, photos, forms, labor hours, and estimate to the claim handler. 

It is important to know what your insurance will cover vs what it does not cover and if you have multiple insurance polices for different things.