If you have a fire or water emergency, please call us now at (512) 318-2200

To have the optimal experience while using this site, you will need to update your browser. You may want to try one of the following alternatives:

Fire & Water - Cleanup & Restoration

How To Avoid Spending Money on Water Damage Repairs

2/17/2021 (Permalink)

warped wall and wooden floor Water damage in Cedar Creek, TX.

How To Avoid Spending Money on Water Damage Repairs

While insurance can help you pay for emergency restoration services, you probably want to avoid making a business claim entirely. Unfortunately, there are lots of disasters that could force you to contact your insurer.
Freezing and water damage is the second most common cause of small business insurance claims. This category encompasses many types of losses, including:

  • Corrosion
  • Warped floors or walls
  • Destroyed carpets or inventory
  • Structural harm
  • Mold growth

A typical water or freezing claim costs $17,000. Some disasters, including floods and mold growth, are typically excluded from commercial policies. However, you can add endorsements to provide further coverage. Here are some other ways to avoid spending your company's hard-earned money on water damage repairs.

Plan Ahead
First, you should develop a disaster plan. This should include purchasing the proper insurance. Keeping your policy up-to-date and buying endorsements can limit the out-of-pocket expenses that your Cedar Creek, TX, company incurs following an emergency. Do not wait until you have to file a business claim to check that you have sufficient coverage.
Your plan should also detail the resources you will have available along with processes for minimizing and assessing the damage following the disaster. Be sure to include a strategy for keeping your company operational following the water loss, as well.

Prevent Water and Freezing Damage
Of course, the best way to limit how much you spend on emergency repairs is to prevent water disasters entirely. There are several ways to do this. Start by sealing any gaps or cracks in the foundation. This should prevent water from leaking into the building during a rainstorm. You should also clean the downspouts and gutters regularly.
A frozen pipe break can cause significant harm, as well. You should thus insulate the pipes and keep the premises' temperature above 55 degrees Fahrenheit.
A business claim should help you pay for repairs following a water loss. Since these repairs can be costly, you should maintain your policy and prevent excess water from entering your premises.

Other News

View Recent Posts