When you experience some kind of damage to your property, you would go through emotional anxiety just by thinking of the hassle it would cause you not only financially but also the inconvenience you would have to deal with in terms of your health and living situation.
Surely, you would have your homeowner’s insurance policy to deal with the financial issues but it is not necessary that it would really work because of two reasons. First being that the homeowner’s insurance does not cover every type of damage so you have to first make sure if your current dilemma comes under this insurance or not.
Secondly, even if it is in the insurance, then whether it would actually cover the losses or not would depend upon the real source of the damage. If the damage was because of your negligence, then it would usually not be covered and there are many other exceptions also.
So, you should be careful enough to have bought a separate fire or water damage insurance policy or both. Also, if you have enough resources, try to buy your property in an area where floods and fires are not common. But you can never be enough careful as these types of incidents and natural disasters are a part of life.
So, if and when you have a situation like this, you need to call a restoration company. Because you need professional help and getting their services would save you from a lot of anxiety.
There are many restoration companies that could do the job of clean up, repair and restoration for your property. Depending upon the types of services they provide, these restoration companies are divided into three major types.
One type is the mitigation only company. Mitigation means reducing or lessening the impact of damage. Majority of the restoration companies work like this. For instance, companies for water and mold damage and sometimes, carpet or duct cleaning. But the profit per annum of such companies is not much.
To increase their income, many of such restoration companies have now become full-service providers. But they only play role in the construction process for reconstruction of the destroyed buildings, whether they are commercial or residential. And their role is just of taking the project from the property owner and then handing it over to the construction contractor. Their job is to acquaint both groups and making money from it.
With the aim of expanding their business, many contractors have increased the services they provide from the first two levels and have changes into an actual full-service providing restoration company. By doing this they can also get their work in the insurance field.
The recognized restoration companies work on an expanded fleet of restoration vehicles, have numerous sites of operation throughout a country and these sites are licensed and insured along with experienced technicians working for them.
They are mainly the first to respond after the disaster or major events. They take care of the damage already done and prevent any more damage from happening.