Hey, what’s up, Water Damage Denver friends going to spend a few minutes with you here, two nights discussing, um,a bit of a, um, gosh, my words are fleeting. I guess discuss kind of a dynamic within what we do from day to day when it comes to, um, how a typical property owner may, um, may look at their water damage Denver situation or whatever type of loss that they’ve experienced. You know, it’s interesting, um, if you’ve ever, if you’ve never gone and explored and researched how the insurance industry came about, you should do it. Um, to be brief. It came about as, as a bit kind of a mob thing. And so it was, um, you know, this is general, but the mob would protect you if you would pay for, for them to ensure that, um, you would be okay, but it came with a price. So look that up. If you never have before, it’s pretty interesting and fast forward, however many years, decades, maybe even more, um, century, you can ensure literally anything and everything that you own. Um, and in some cases it’s mandatory.
They can get a little frustrating from a property owner perspective that um, you know, some of these rates sometimes can seem a little bit, um, kinda all over the place. You can go from one company to the next and they rate you differently and they have different analysis on how they determine what risk you are to them. And uh, you know, really, I mean, the, the fact of the matter is that you’re writing a pretty substantial check in the case of property, you know, uh, well I guess to really comes out of your escrow, but you’re, you’re building in a considerable amount of your money to go to property insurance every month. Or maybe you, it once a year and maybe you don’t do escrow. Maybe just write a check. But I think in the case of my, my home, and again, supposedly I get a discount for, for having a property and auto and maybe, you know, like an umbrella or something like that.
Water Damage Denver | Making History Every Time?
But just in general, my, the insurance on my home is probably around 2000 to $2,500 a year. I would like to have that money in my pocket if I had the choice. But I understand that there’s no way that I would be able to self insure and rebuild my home if anything ever happened. Of course, um, you know, in a case where an entire home burns down, you’re talking about reconstructing the entire thing from the ground up, major, major costs when people have Water Damage Denver situations. Um, it, it really can be all over the place. We’ve done jobs as literally as small as a couple of hundred dollars and you know, up into the tens of thousands. So it just depends on where the Water Damage Denver situation started, what category it’s classified as, which dictates, you know, what’s salvageable, what’s non salvageable and you know, the types of steps that we need to take to make sure everything is safe and dealt with properly and quickly. So
I’m not disparaging the insurance com companies or in insurance industry at all, but, um, I, I find it interesting staying that it’s one of the very few things in life that we pay a pretty legitimate amount of money for and literally have zero desire to use. Can you imagine, can you really think of too many other things, um, that you spend big dollars on that you’re terrified to use? As a matter of fact, you know, you just think of more material things. You buy a car, you want to drive that thing, you want to enjoy it, you want to get all you can out of it and you save up and buy a brand new HD four K TV. I guess they have eight K now. So the biggest, best TV, Chris, most Chris’ picture, all you want to do is get home and watch movies on that thing. Watch sports, really enjoy that system. Uh, I could go on and on, but when you’re spending considerable amounts of money, four figures or more, most of the time we want to see kind of what that’s getting us. What, what sort of enjoyment am I going to get out of this thing or service or vacation or whatever. Can you imagine writing a big check to go to Hawaii and then being terrified to go to Hawaii? Be silly. Right. Well, um,
it, I don’t know, I guess I’m just thinking out loud, but it’s just interesting that one of those things that has zero you would not, uh, almost apply to anything else is writing that big check for your policy,
To stay in accordance with the law. Again, it’s not like you have a choice of whether or not to insure your property. I guess there you have options if, if your notes completely paid off perhaps. But, um, anyway, most of the time for most people you’re always gonna have property insurance. You’re always going to have auto insurance and yes, if, God forbid you ever have a loss, whether it’s an auto accident or a Water Damage Denver claim, you will be glad you have it for sure. You will be. And that’s what it’s for. Um, where I guess I’m going with this and, uh, as we kind of get to the meat and potatoes of this podcast is that
customers have a decision to make when they have experienced a loss of [inaudible]. Okay, fine. So if they come home from a weekend in the mountains and they’re, their fi, uh, pipes are frozen and they have major Water Damage Denver in their basement. Um, obviously in any case, they’re gonna want to call the restoration company out immediately and start to get water sucked out and get drying in place. Equipment demo if need be, you know, just kind of depending on the situation they want to get their water damage attended to. So that’s something that probably, unless they’re just a super DIY or, and they want to get out there, um, wet vac and make 4,000 trips up and down the stairs, try to suck water out and then try to deal with heavy, nasty, wet carpet and, um, you know, trying to decide what, what [inaudible] it can be saved and getting out little box fans and making some sort of a completely pointless attempt to trying to dry things out themselves. I guess those are decisions that have to be made as well. But a lot of times, you know, as we go out and kind of get the process started, a client will say like, what do you think I’m looking at here? Why should I file a claim? And you know, we can give our 2 cents. We’re never going to say, okay, um, you have to do this, you have to do that. I mean, what we always tell people is this is what insurance is for. This is why you pay that amount of money
every month or every year or every six months. So, but I get it, you know, people are just terrified of actually making a claim, actually using that service that they pay for because they know that their rates are going to go up, they’re going to get dinged there. David could even be canceled. And isn’t that fun to think that I pay my premium on time constantly for years. I have a loss, I have Water Damage Denver I’ve got a fire, I’ve got whatever and they may pay it, but then they dropped me as a customer and I have to go shop for insurance somewhere else. So, um, you know, that’s something that we’re more than happy to, to help with and advise and um, you know, I guess the fact of the matter is if we do have an idea of the customers, um, kind of where their head is at as far as if they want to file a claim or not, that’ll allow us to approach the job in a certain way as well.
And not that it would be serviced any differently or corners or would it be cut whatsoever, but insurance and rightly so, adjusters, um, folks that audit claims and look at the scope of work, they want to see very, very detailed documentation. They want to see the condition initially. They want to see the progress that’s being made along the way. And then obviously they want to see kind of when things are wrapping up, they want to, um, confirm that everything’s good to go, that they can get this file off their desk and kinda check, you know, make sure the homeowner’s happy, all those good things. So, um, the fact though is that if
you know, they, um,
perhaps have a large deductible or whatever the case may be. Um, if they’re thinking about self paying, then
the need for any restoration company to go through the very intense and thorough documentation of every single thing that an adjuster would want to see is no longer necessary. So we can, we can, um, would allow some hours and we can avoid some of those things that we otherwise have to charge for when we’re mandated to, uh, keep, keep those records of all of those numbers. And again, that’s something that we kind of do anyway. We’re going to be going in and checking. We’re going to be attending to the job, you know, essentially the same exact way, but there is that extra documentation work and that office time and just some extra stuff that you have to go through. So apples to apples, the self plate pay claim can prove to be a cheaper than actually filing through the insurance company. Um, and there again, that’s not to say that there’s going to be price gouging going on with, with an insurance company.
It’s just, it’s simply charging for the work that they asked to be done and the documentation and the corresponding, uh, work that goes along with everything they ask for. And again, it’s because they want to make sure the jobs are done right and that they have empirical, um, definitive data that shows everything was done correctly. They can see the improvement on the job and make sure that they’re not going to have a customer that, you know, a week, a month, a year down the road comes back to them and says, you know what, I don’t think that maybe the water damage company got everything they should have. Now I have other issues. Um, I need to reopen another claim and we’re going to go through this again and I’m probably upset. So that’s definitely something an insurance agent or a an adjuster never wants to hear. So options like always, um, we’re going to be able to help provide a reference point for customers if they would like our 2 cents. So just a little something to think about. Um,
As you know, as you determine kind of how you want to deal with your potential Water Damage Denver loss or fire loss, smoke loss, whatever, mold can get a little sticky. A lot of times that is not something that insurance will cover. There’s closet, there are
clauses that specifically
exclude mold in that sort of thing. But that’s a, that’s from policy to policy. So be sure to refer to your policy and also talk to your insurance agent if you have any questions. Re re really with regard to all of your coverages and make sure that different scenarios, um, that you’re curious about can be addressed and can be, um, explained to you if you need them to. So anyway, if you, do you ever do have a water damage number, jobs, smoke, fire, mold, or anything odd that you’d like us to, um, potentially try to help out with? We’d be happy to talk to you. 70 zero five, seven, five foot hope it never happens to you, but in the meantime, you stay safe.