Commercial Property Insurance: Your First Line of Defense Against Fire

2/25/2022 (Permalink)

Kind of like talking about life insurance, no commercial property owner really wants to think about what might happen to their business in the event of a fire. 

Of course, failing to plan means planning to fail, which is why our SERVPRO team knows that keeping your commercial property insurance current is so critical. 

Aside from potential loss of life or limb, the risk that a fire poses to the structure of your commercial property is immense. It’s not just the damage created by the fire itself, or the water damage that results from fighting it; think of the hit your business could take just by being closed for an unexpected and possibly extended period of time. 

Planning for a fire on your property is really the only way to go, especially when you consider that approximately 10 percent of small business owners found themselves forced to file an insurance claim for fire in the last five years alone. 

And while the expense resulting from fire restoration services varies, depending on the amount of damage and the actual insurance policy, the average totaled $35,000. 

We’re fairly certain you can think of a better way to spend (or save) that money. Even so, as author Maggi Myers cautions, “The best plans have a way of falling apart without warning.” In that case, you’ve got SERVPRO of Stoneham / Wakefield ready to leap into action. 

No matter the element -- fire, water, storm, wind,  contact us when your commercial property needs professional restoration.