Why Quick Response Times and Pretesting Matter in the Claims Process

8/18/2020 (Permalink)

Damaged building.

Before you file an insurance claim, you want to ensure you are working with a commercial remediation service in Layton, UT, who understands the importance of rapid response and pretesting. Each component plays a significant role in the overall claim value and may even limit the total expense to both the company and insurer. There are three reasons response time and pretesting matter to your insurance agent and should matter to you.

• Mitigation
• Salvage
• Restoration

3 Reasons Why A Quick Response And Pretesting Matter 

1. Mitigation

Rapid response is the key to a critical mitigation strategy. When a disaster occurs, your company does not want to wait around while more damage happens. It is not uncommon for water damage to lead to mold development. Therefore, it is necessary to call a mitigation crew immediately after the crisis occurs, allowing ample time for the correction of minor issues, like holes.

2. Salvage

Pretesting is vital to the claims process because it helps companies determine the salvageability of affected items. Rather than throwing away every piece of equipment or merchandise, a mitigation company will test things to see if mold or other contaminants have made the product unsavable. By separating the salvageable from the not, a company only files a claim for the truly lost items, reducing the cost of the claim.

3. Restoration

Rapid response and pretesting are pivotal to the restoration of a facility. Through quick intervention, a remediation crew can salvage a significant portion of a property and its materials, and through pretesting, the company ensures that only devastated items receive a replacement.
While disasters are devastating for business owners, it is crucial to remain vigilant about contacting a remediation specialist. Rapid response and pretesting play a significant role in the overall costs of an insurance claim, meaning that the sooner a company addresses the disaster, the more likely it is to save money and mitigate potential risks of premium hikes.