No matter how great your insurance or how much liquid cash you have in the bank, no home or business owner wants to be surprised with property damage. Whether on a large or small scale, you are bound to face some level of property damage. When you live in a place like Tampa, Florida that is constantly riddled with inclement weather, it’s important to be prepared for natural catastrophes.
The majority of people will fortunately get away with minimal damage to their homes and will have little trouble quickly restoring their space. However, for the unlucky few who chance decides to burden, property damage may be much more severe, often requiring a lengthy and complex restoration process.
Fortunately, a large loss doesn’t have to derail your whole life. With a quality restoration company like Onsite Restoration, your property will be as good as new in no time.
What is a Large Loss?
A large loss is any circumstance, such as a fire or flood, that leads to a substantial and severe amount of damage to your home or business. While any level of property damage can be deeply upsetting and inconvenient, not all kinds of property damage fall in the bucket of large loss.
The following factors may impact whether or not your property damage is considered a large loss:
Facility Type
The kind of facility facing property damage helps determine if the situation is considered a large loss. Commercial properties such as office buildings, warehouses, malls, and hotels are more likely to qualify as a large loss.
Cost of Repair
Large losses will likely be very expensive, resulting in soaring costs for repairs and restoration. A large loss implies there has been a significant amount of structural damage to the property and will be expensive to fix.
Area Size
The size of the area impacted by devastation will influence if the damage qualifies as a large loss. A large loss refers to destruction of a large portion or the entirety of a property. If a large area of space faces damage, more time and resources will be required for restoration.
Timeframe
Large loss restoration projects often take a considerable amount of time to complete. If damage shuts down your home or business for extended periods of time, it may be considered a large loss. Losing time from your home or business can be really frustrating and take a toll on your well-being.
Extent of Repairs
The magnitude of required repairs can factor into the evidence that determines if the damage is a large loss. Structural damage in particular will likely require complex and extensive restoration work.
After the Storm > Steps to Begin the Restoration Process
Insurance for Large Loss
When navigating a large loss case, having the right people on your side can be a huge weight off your shoulders. A large loss claim can be a complex, requiring a multitude of expert consultants to verify the extent of the loss. Our team at Onsite Restoration can assist you with your insurance claims so that you receive the best possible claim outcome.
Using a public adjuster can help you save money, secure temporary housing while your property is being restored, and receive more accurate costs. Onsite Restoration works with professional, high-quality public adjusters who will help you get the most out of the insurance claim process.
Leave Large Loss Behind with Onsite Restoration
Suffering from a large loss can be a devastating and even traumatic experience. When disaster strikes, you don’t deserve the constant headaches and suffering created by the insurance claim and restoration process. That’s why Onsite Restoration is here to help.
With over 15 years of experience renovating and restoring both residential and commercial properties, we have the knowledge, tools, and skills to exceed your expectations.
Has your home or business recently suffered from overwhelming loss as a result of natural disaster? Call Onsite Restoration at (813) 579-5789 to return your home to pre-loss condition.
