Commercial flood damage claims
In the US, major flood events have occurred over the last decade ranging from Hurricane Katrina to Super Storm Sandy and now recently Hurricane Harvey. Damage arising from flood can cost homeowners tens of thousands in repairs. The aftermath of a commercial flood damage loss can leave business owners with the burden of facing extremely difficult and complex decisions. Issues related to property damage of items such as: walls, flooring materials, electrical, plumbing, HVAC, equipment breakdown, windows, and other types of building materials become a major concern when dealing with commercial flood damage claims. Properly identifying and investigation other potential issues such as: structural damage from surge or wave action can become more complex than the simple apparent cosmetic damage that an insurance company’s adjuster may just consider.
Business property owners are also faced with the delicate and emotional toll that damage to contents such as inventory, furniture, electronics, and other items can take on one whose business just got heavily flood damaged. Closure or failure to operate the business in many cases is the biggest loss to an owner dealing with a flood damage claim. Navigating and understanding the process of a flood claim will be overwhelming, the assistance of an experienced and qualified commercial flood damage public adjuster can prove to be essential to the policyholder.
Initial documentation - How high is my flood line?
The initial documentation of your commercial flood damage is imperative in providing the evidence needed to create an initial presentation to your insurance company. Taking photos and videos with your smartphone or any other device will help solidify your claim and show important documentation of damaged property that may not be obtainable at a later time. Contacting an insurance claim professional such as a public adjuster is beneficial in the documentation of damaged property at the early stages of an insurance claim. We find that homeowners and other policyholders at times fail to understand and identify the nature and extent of their damage. Our adjusters have the experience and trained eye that allows us to immediately understand the scope of repairs with clarity. Floridian International Adjusters will advise that the property be tested for water levels that may be present yet unseen to the naked eye. It is imperative that such issues be immediately addressed and identified at the early stages of presenting a flood damage insurance claim for a commercial property.
Claim management strategies for commercial flood damage
Commercial flood damage claims related to homes can be different in many ways. When consulting with your public adjuster, a plan should be developed with the following questions.
- Is my property “Pre-Firm” or “Post-Firm”
- What is the extent and scope of damages to my property?
- What is the initial proposed cost of repairs and restoration?
- Do I need to submit an NFIP proof of loss?
- Does any of my property damage need to be brought up to code?
- Do I have an estimated timeline for the period of repairs and restoration?
- What are benefits under the insurance policy contract?
- What are my duties and conditions under the insurance policy?
- How long will it take to receive any payment for my claim?
- How long can my claim settlement take?
Our public adjusters service the following areas
Floridian International Adjusters continues to expand into several regions of the US and abroad. Currently, our licensed adjusters can assist property owners with damage in the following locations:
|South Carolina||North Carolina|
Property loss consultants working for you!
Founded in a region known for it’s high risk of natural disasters such as tropical storms, hurricanes, floods, fires and other catastrophes. Floridian International Adjusters has become a known advocate for policyholders who have incurred the consequence of property damage to their homes and businesses. Our licensed public adjusters have represented and settled thousands of property insurance claims on behalf of property owners. FIA’s trained staff and adjusters come from many diverse backgrounds such as customer relations, architecture, emergency restoration, marketing, business administration and even from inside the insurance carrier side of the property insurance industry. The combination of these various disciplines gives the firm a competitive edge in excelling the practice of public insurance adjusting, property loss consulting and loss appraisal.
Floridian International Adjusters core principles center on the needs of our clients. Our careful representation and insurance claim management strategies provide your property loss claim with an opportunity to maximize the benefits of your insurance policy coverage in an efficient and pro-active manner. Understanding the nature of identifying damage and properly appraising the value of your claim is our specialty.