2018 has been a strange year for hail storms across the U.S. Overall, storm reports were down almost 30% in early April and May compared to 2017, and even though several large storms did occur in late June and July, they were in the same areas that get hit year after year: Colorado and Texas.
Contractors that are unable or unwilling to pack up and leave to work the most recent hail storms should consider diversifying their service offerings to include fire, water, and mold restoration to offset a decrease in weather-related claims. If you’re afraid of the insurance process related to these types of damages, don’t worry. The Balance team is here to help you by writing the mitigation bid as well as the rebuild, and we will help you get the claim processed every step of the way.
Why Contractors Should Add Fire, Water and Mold Restoration
Not convinced this is an avenue your roofing or restoration contracting business should take? Here are a few statistics that may prove otherwise:
- 98% of basements experience water damage at some point
- Water damage and mold remediation costs insurance companies over $2.5B each year
- A home flooded with just 9-12 inches of water has $18,000 in damage on average
- 14,000 homeowners across the U.S. experience water damage at home or work each day
- Fire damage insurance claims are the costliest insurance claims made by homeowners
Grow Your Company By Partnering With Balance
As a 3rd party claims administrator, we can take on the claim process for water, mold and fire damage claims to save you time increasing the efficiency of your business. We have the largest claims admin department comprised of educated and accredited Xactimate experts, which means you will not have to worry about the accuracy of any claim or supplement ever. We pride ourselves in helping our customers grow their business by offering the highest level of estimating, claim management, insurance billing, file management, funding, advocacy, and consulting.
Bottom line: we remove the hassle from you by managing your claim from start to finish. So, if you are ready to add fire, mold and water remediation services to your business, we are ready to help.
Have questions? Contact us today at 888-618-0367 or join the conversation on Facebook and LinkedIn.
