3 Questions About Fire Damage Restoration Costs

12/29/2020 (Permalink)

Commercial fire can lead to extensive fire and smoke damage

Know The Answers To Some Common Questions About Restoration Cost

Even a small commercial fire can lead to extensive fire and smoke damage and is worsened by water damage from extinguishing the flames. Getting a professional remediation company out as soon as possible is the key to preventing further fire damage to your business in Navina, OK. The first thing this company will do is provide you with an estimate for how much the remediation will cost. While your insurance will cover most repairs, you still need to know how to read this bill and understand what is happening. 

1. What Are the Average Restoration Costs?
Most businesses cost a few thousand dollars to repair the damage of a small fire. A large fire that destroys a roof or all of your belongings can cost significantly more, with total fees nearing $50,000.

2. How Much Does Professional Restoration Cost?
It may take several different types of restoration to get your business running again. Your estimate will include all of the necessary factors. It can include water removal, home drying, content restoration, cleaning, deodorizing, and HVAC repair. The more types of remediation you require, the higher your bill will be.

3. Does the Company You Hire Impact Your Cost?
Some companies specialize in fire remediation but do not accept insurance, which will raise the amount you pay out of pocket. Others send your bill to your insurance company directly and work with them to minimize the amount you will pay out of pocket. In other words, if you hire a company that works with your insurance company, you will pay less.
While there are average restoration costs, each estimate will be based on how many remediation types your situation requires. Fortunately, some professional companies are willing to work with your insurance company to reduce the amount you will pay out of pocket.