Recent Commercial Posts

How Much Revenue Can a Fire Cost a Business?

10/28/2021 (Permalink)

Agent offers business interruption insurance application documents. Ask a business insurance provider about the best interruption insurance coverage for a commercial property in Wilbon, NC.

How Much Money Can a Fire Cost a Company?

According to the National Fire Protection Association, the total cost of fires in the United States in 2014 was $328.5 billion, with expenditures totaling $273.1 billion and losses adding up to $55.4 billion. One of the best ways to limit the amount of revenue a fire can cost your business is to obtain interruption insurance as an endorsement on a commercial property insurance policy. Property insurance policies cover losses caused by covered perils such as a fire, while business interruption coverage offsets lost income during the restoration period.

Here are several ways a fire can cost any business a substantial amount of revenue.

• Property and equipment losses: A fire can damage or destroy the structure of your commercial property as well as any or all of its contents. Standard business insurance policies cover these types of losses.

• Lost business during restoration: Interruption insurance can help to offset the loss of net income, meaning net profit and loss before taxes. These calculations also include payroll.

• Expenses during restoration: Fire restoration specialists may identify additional losses during the restoration process. It may not possible to continue to do business during the restoration period.

Keep in mind that you will probably need to add endorsements or additional coverage to your business insurance policy to be able to rely on coverage for business interruption. Extensions for prolonged restoration are often available in increments of 30 days up to a total of 720 days with the purchase of optional endorsements.

Ask a business insurance provider about the best interruption insurance coverage for a commercial property in Wilbon, NC. You may also be able to obtain additional coverage that could lower your expenses in the event of a fire. Work with your commercial insurance provider to find a fire restoration service that can complete the work during the period of time covered by an interruption endorsement.

3 Reasons To Use a Security Fence During Mitigation

4/30/2021 (Permalink)

Chain Link Fence A security fence is an essential part of your overall protection while repairs are in progress.

3 Reasons To Use a Security Fence During Mitigation

A fire can leave your commercial building in Cameron Village, NC, quite vulnerable. Structural damage, broken windows, holes in the roof and busted doors can all make your building seem more inviting to all types of would-be intruders. Having a security fence, at least until the fire restoration experts have finished the job, is a smart choice.

Protects Barrier
When your building is compromised, it needs extra protection. There are three main functions that having a barrier around your damaged property accomplishes:

  • Demarcate the perimeter
  • Deter casual intruders
  • Delay committed vandals

A fence is a clear indication of where your property begins, and most people will not even think to enter without permission. Those who are curious may be deterred if the barrier seems like it would be too much trouble to traverse, and even if they are persistent, the security fence will at least slow them down.

Block Animals
While animals may not have the nefarious intent of human trespassers, they can still cause just as much damage if they get inside your building. They build nests, chew wires and tear up material. A fence keeps most of them out so that you don't have to add extra tasks to your mitigation checklist.

Limits Entry Points
A fence is probably not the only defense you are considering, but it can be helpful to other elements of your overall security measures. Rather than leaving the building available from all angles, it narrows the number of entry points to the number of gates included. If you have security cameras, this makes it easy to choose the direction they should be pointed so that you have a record of everyone who enters the property.
If a fire breaks out in your building, it's important to keep the part of the structure that remains as secure as possible. A security fence is an essential part of your overall protection while repairs are in progress.

How To Contain Mold Damage on Your Commercial Property

2/2/2021 (Permalink)

Mold Quarantine The best way to avoid damage from black mold is quick action.

When you first notice evidence of black mold on your property, your gut response may be one of panic. After all, mold cleanup is a pretty big task to handle, and your concerns about damage to your property are valid. However, Boylan Heights, NC, mold remediation and restoration professionals can effectively and thoroughly address the issue.

Prevent the Spread of Spores

While you wait for professionals to arrive, there are several things you can do to prevent black mold spores from spreading to other rooms and spaces:

  • Understand that spores only require a little bit of airflow to float from one place to another. Additionally, anyone walking through affected areas could carry spores on their clothes or shoes into unaffected areas.
  • Turn off the heating and cooling systems.
  • Although these systems provide ventilation, which is important when preventing mold growth, once mold has made an appearance, the fans could help spread the mold. Additionally, the HVAC system is often an area of contamination itself.
  • Look for sources of water. If you've found mold, it's probably because there's a leak or other source of humidity somewhere.
  • Cut off any supply of water and dry up any obvious pools of water.

The appearance of mold could negatively impact business in your commercial property, so act quickly to get professionals on-site and prevent any spread of spores.

Prevent Mold Growth
If you haven't found mold yet, make sure you understand how to avoid it. Address any moisture problem immediately. If you spot condensation around the edges of windows, notice a dripping faucet or slow leak around toilets, or find that a stain is developing on the ceiling, contact mold cleanup and remediation professionals right away. That unwanted moisture is a common cause of mold, so tackle it aggressively.

Prevent Damage to Your Property
The best way to avoid damage from black mold is quick action. Contact professionals right away and then cut off access to the affected area, turn off the HVAC system and shut off the water. Plan ahead to avoid mold growth and related damage.

3 Steps To Take After Puffback Damage

1/15/2021 (Permalink)

Puffback. Soot webs on ceiling Puffback damage is caused by soot and smoke

Three Steps To Take If You Have Had Furnace Puffback

When an accumulation of unburned fuel in a malfunctioning furnace ignites, causing an explosion or misfire inside the furnace, it is called a puffback. Puffback damage is caused by soot and smoke being forced through the heating exhaust system and into the furnace owner's property. These are three of the steps you should take if you have had a furnace puffback.

1. Call a Professional Restoration Company
Soot from an oil furnace is black, sticky and difficult to remove from surfaces. Additionally, it tends to spread everywhere, including hidden or difficult to reach areas, such as ductwork, behind closed doors and inside storage areas. This makes cleaning up after a puffback a difficult task that is best left to a professional restoration company in Boylan Heights, NC. Attempting to clean the soot and oil yourself may only spread it around, causing additional damage.

2. Assess the Damage and File an Insurance Claim
Most insurance policies cover puffback damage. Because the damage can be so widespread, before you report your claim it is a good idea to inspect your entire property, including inventory and other contents for damage. Take some photos of the damaged areas to assist your claims adjuster. Make note of any spoiled inventory or business interruptions that result from the puffback.

3. Get Your Furnace Repaired
A puffback is an indication that your heating system is not working correctly. Additionally, puffbacks often cause damage to the heating system itself. To avoid future problems, shut down the system and schedule an appointment with an HVAC technician to repair the furnace. The technician will inspect your system to assess whether it is safe to use and determine and make needed repairs to prevent future puffback issues.
Puffback damage can leave you without the use of our furnace and with a sticky mess to clean up. Following these steps can help you get the process of restoring your business to preloss condition started.

3 Tips for Handling Cleaning of Textiles in the Aftermath of a Fire

12/30/2020 (Permalink)

Burnt edge of the fabric. Remove soot from any textiles like clothing

3 Tips for Handling Cleaning of Textiles in the Aftermath of a Fire

Fire is capable of destroying or severely damaging buildings and their contents. Besides the burning of the flames themselves, soot and smoke also contribute to content damage. The aftermath of a fire often leads to a need for dry-cleaning, content cleaning, and/or content storage of any surviving items. Fabrics are one type of item that may survive a fire, but they require care to save. Here are three tips for clean-up of surviving textiles post-fire in N.C. State University, NC.

1. Remove Salvageable Items
One of the first actions you should take after a fire is removing non-burnt or minimally scorched items from the building. They should be stored in a location free of soot until you have time to clean them or have them cleaned. Soot and smoke damage does not render items irreparable, but the contents of a burnt, soot and smoke-filled building with a possibly unstable infrastructure should not be left there to accrue further damage.

2. Clean Items
As soon as is feasibly possible, you should remove soot from any textiles like clothing. Soot and smoke damaged fabrics cannot be handled simply by sending them off for dry-cleaning or throwing them in a washer. Soot can permanently stain clothes if not removed quickly enough. Here is what you should do:

  • Air-dry the textiles
  • Use fans and dehumidifiers around the textiles
  • Gently shake out the textiles to remove surface soot

These are preliminary steps for minimizing damage, but further steps may require professional assistance to avoid permanently marring the textiles.

3. Hire a Professional
It is recommended that you hire a professional restoration company for deep soot removal after initially removing surface soot, as a wrong step can render the textiles no longer usable. They can also perform deodorizing using ozone treatment, a necessary process. After these steps, dry-cleaning or washing can be done on the saved textiles. Professional restoration companies can also take care of cleaning non-porous items using ultrasonic cleaning, something not easy for the average person to do.
After a fire, you will probably need content cleaning. It is best to allow professionals to handle tasks like deep soot removal or non-porous cleaning.

3 Steps To Lower Your Business Interruption Claim

12/30/2020 (Permalink)

Financial concept meaning Business Interruption Insurance with sign on the piece of paper. Business Interruption Insurance

There Are Steps You Can Take To Prevent This From Happening

Flooding at your business property means that your business will likely need to remain closed until all repairs and restoration are complete. For large water damage, this could be weeks or even months. Business interruption insurance can help by replacing the income your business would otherwise be producing and by covering some of your operating expenses, like taxes and payroll.
Water damage can be unpredictable, and sometimes repairs take longer than expected. Lost income and expenses add up quickly, and you can end up reaching your business interruption policy’s limits before you’re ready to reopen. Fortunately, there are steps you can take to prevent this from happening.

1. Don’t Delay
Time is the primary factor that determines the size of your business interruption claim, so it’s critical that your property be restored as quickly as possible. When a broken pipe or overflowing toilet causes flooding at your business, don’t waste valuable time on DIY cleanup attempts. Call your insurance company and a professional water remediation company as soon as possible, so work can begin right away.

2. Use a Full-Service Company
Contacting and coordinating schedules with a dozen independent contractors takes time and can lead to delays. For the fastest restoration, find a remediation company in Raleigh, NC, that can handle water removal, textile restoration, content cleaning, and mold prevention in-house. For even faster service, choose repair contractors in advance, so you don’t waste time shopping around after damage occurs.

3. Consider a Pack-Out
A “pack-out” or “move-out” is when all the contents of your business are packed up and moved off-site, where they can be cleaned and/or stored until repairs are complete. Repair work typically goes faster when workers don’t need to spend time protecting or working around business contents. Some restoration companies offer pack-out services as part of their cleanup package.
These steps can help get your business open again as soon as possible after flooding and help you keep your business interruption insurance premiums lower in the future.

Tips for Preventing Black Mold After a Burst Pipe

12/29/2020 (Permalink)

Drawing of house inside the house the words air flow Understanding and managing airflow is also critical to the success of a mold remediation project

Prevent Secondary Damage After A Flood

If a burst pipe causes a flood at your business in Lake Wheeler, NC, your insurance policy may cover the clean-up process, but it may not help with complications from black mold. It is crucial to take the following steps to prevent this secondary damage after a flood.

Create Air Flow
After excessive amounts of water flow into your business, you may be most concerned about protecting your physical property, including:

  • Office furniture and carpets
  • Electronics and equipment
  • Files and records

Unfortunately, high humidity can lead to mold growth that can quickly spread spores through the air and over your items, putting them at risk for permanent damage. Ventilating the space by opening windows and doors or running fans can discourage mold formation by preventing moisture from lingering in the environment.

Speed Up the Drying Process
Standing water can lead to high humidity as it begins to evaporate. After turning off your building's main water supply, it is critical to start the drying process as soon as possible to prevent black mold formation. A flood restoration company can use submersion pumps and powerful water vacuums to quickly extract large amounts of water to reduce the environment's humidity.

Remove Water-Soaked Property
Carpets, upholstery, boxes, and paper are porous and absorb moisture. They won't dry out after a flood unless you remove them from the humid environment. Mold spores can start to grow on water-soaked objects as well as walls and ceilings.

Call a Professional
A musty odor and dark spots on walls and ceilings indicate that mold has migrated into your business's breathable air and interior structure. When this happens, it is necessary to remove and repair drywall, paint walls and ceilings and schedule professional air filtration and deodorization to restore sanitary conditions.
When a burst pipe causes your business to flood in Lake Wheeler, NC, you can avoid paying out-of-pocket for secondary damage like black mold by immediately contacting a flood restoration company.

Does Your Business Need a SERVPRO Emergency READY Profile?

10/30/2020 (Permalink)

The SERVPRO emergency ready profile Your profile can be accessed through the ERP app

The latest research shows that after a disaster, as many as 50% of businesses close their doors permanently. Out of those that do survive, most of them had a disaster preparedness plan ready. When the unexpected happens, having a plan will save you and your staff the time spent trying to figure out what to do. You can begin the restoration process quickly and get back to business. Read on to see if your company would benefit from an emergency profile.

How a Disaster Could Affect Your Business

Your business could potentially experience interruptions caused by events such as:

  • Storm damage
  • Flooding
  • Fire

While it's easy to think major damage couldn't happen to your facility, you need to be prepared for the unexpected. Even minor damage could potentially interrupt your work, costing you time and income.

How an Emergency Profile Will Help After a Disaster
Preparing a disaster profile now will ensure you're ready to handle interruptions as quickly as possible. You and your employees will know what to expect in advance and what to do first. The sooner you begin the mitigation process, the faster you can begin cleanup and restoration, which will help minimize damage.

What a Disaster Profile Contains
A SERVPRO Emergency READY Profile has details about your facility, like shutoff valves and priority areas, that may be critical in the initial phase of a disaster. It also contains the line of command for authorizing restoration work. Your local professional will be identified, giving you a nearby industry leader to take you through the mitigation and restoration process. The profile will also have a guide to help you get back into your building after a disaster, providing you an immediate plan of action to minimize lost work time. Your profile can be accessed through the ERP app.
Before a disaster occurs in Cameron Park, NC, it's best to be prepared with an emergency profile. Knowing what to do right away will save time and money in the long run and let you get back to work.