Summer brings another round of weather events to manage

After securing a damaged property by assigning a mitigation contractor, dealing with contents is the next step.

A full-service specialty restoration company will have experts in specific property categories. (Adobe Stock)

As we move through summer 2022, insurance carriers and agents are faced with another year of responding to claims arising from flooding, lightning, wildfires, hurricanes and tornados.

Every season has its challenges in the insurance industry, and summertime is no exception. As you manage your claims and work to bring your policyholders to pre-loss condition, it is good to know what types of services can provide you with assistance and flexibility in managing that claim.

After you have secured the home or business by assigning a mitigation contractor, dealing with contents is your next responsibility.

General contents versus specialty contents

Several types of companies will work to restore, clean and disinfect the contents in the building. Since clothing is a primary necessity — right after food and shelter — you will likely assign a specialty contents restoration company right away. Specialty companies restore items in any or all the following categories: textiles, electronics and appliances, lightning strike and surge validations, documents, and art and collectibles. A full-service specialty restoration company will have experts in all the categories.

General contents are defined as items such as furniture, dishes, fixtures, lamps and other hard goods. These companies can include your mitigation or general contractors or pack out companies.

What to look for in a specialty contents restoration partner

Restoration vs. replacement?

The answer is different for every affected item. How much will it cost to restore? How many labor hours are required versus replacement costs? Are these items available at a reasonable price?

The pandemic has wreaked havoc on supply chains. There may be situations that replacement in another time would have been the right choice, however, if a kitchen appliance is back ordered for 3 months, restoration is a cost-effective solution to re-opening that restaurant or getting a family back home. Make sure your specialty restoration company has the knowledge to guide you on what items are best restored and which should be replaced.

What can be restored?

Just about anything can be restored. But, as we indicated earlier, deciding what to restore requires looking at many factors. The key thing to remember, no matter the condition of the item, assume it can be restored. Do consult a restoration professional.

Here is a short list for each of the specialty categories:

Electronics and appliances

Art and décor

Textiles

Documents and data recovery

Susan Kuchta (susan.kuchta@prismspecialties.com) serves as vice president of Sales and Strategy for Prism Specialties.

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