How To Save Money Commercial Industrial Warehousing Multi-tenant Storm Damage Oklahoma Texas, AL

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The high cost of natural disasters:

In the last decade, there have been $231 Billion in property damage costs associated with natural disasters. Nearly 80% of these costs have occurred in the last 5 years. Hurricane Katrina, according to reports, resulted in Insured Property Damage of $25.3 Billion from 1.7 Million Insurance Claims. And the trends are not encouraging:

• Storms are getting more Frequent

• Storms are getting more Severe

• Damages are more Extensive

• Business Down Time is getting more Costly

• Insurance Settlements are getting Smaller

• Adjusters are spread thin and rarely fully Qualified

If you´re a property owner or manager of a multi-tenant, commercial, industrial or municipal property, there are things you can do reduce your costs when disaster strikes.

5 Ways to save:

• Mitigate the damage: this involves proper clean up avoid further damage. So many property owners and managers fail to stop leaks, cover exposed areas, or support groaning walls, thinking the adjustor should see the damage full-strength. The result is far from favorable though! It´s your responsibility to take measures to save money and reduce further damage. Failure to do so can mean you are held liable for the expense.

• Don´t hire an unnecessary lawyer: "An ounce of prevention is worth a pound of cure". You can avoid costly litigation by making sure you are properly represented during the inspection and claims process, and by hiring contractors who get it right the first time.

• A Public adjustor still has no one to do the work…results in more hiring. A public adjustor can come out and complete an inspection. But then what? You´ve got more hiring to do. And if you´re contractors are given an incomplete scope of work or disagree with the adjustor´s take on things, clearing up the confusion can result in more dollars spent.

• Don´t take the cheapest option: protect your investment. Get a good, thorough job done. Don´t fall for the misperception that insurance company is your friend. You need an owner´s advocate.

• Don´t go too fast. The first check will always be too low. Count on that. Getting a check into your hand quickly can cost you more later when you discover it isn´t enough money to complete the work.

Experienced professionals who know what they´re doing is the most comprehensive way to accomplish the repairs necessary and protect you from further expense down the road. All-Tex insurance facilitators work for you; they protect your interest through the inspection and claims process. They´ll negotiate the best deal possible, compile a complete and thorough scope of work, and provide the contractors to successfully accomplish the necessary repairs. Experiencing a violent storm or calamity is hardship enough without adding to it with unnecessary financial disaster. Save money, save time, save your investment. Visit www.alltexcommercial.com or call 866-921-5715.