Commercial fire damage restoration is essential after a property fire. Property fires are devastating and costly. Here are some of the expenses you may face after a property fire.

1. Emergency Services

You may be charged for certain emergency responders' services in some locations. Typically, you may be charged a fee if your property is in a rural location. The fee can range from $250-$1000, depending on the services provided, according to FEMA. Other emergency services you may be charged for include boarding up the structure after the fire for safety and security. Securing the property immediately following the fire is a cost worth investing in.

2. Insurance Deductibles

Your property insurance plan will determine how much of a deductible you must pay after a fire. According to American Alarm, warehouse fires cause about $155 million in damages yearly. Insurance companies are responsible for most costs. However, you will need to meet your deductible.

We've seen that deductibles can range from a low of $250 to a high of thousands of dollars. It all depends on your policy and the damage to the property. Expect to pay the deductible noted in your policy paperwork.

3. Coverage Gaps

Another potential insurance cost is coverage gaps. Let’s say the personal property in the building is only insured for $10,000, but there are $20,000 in losses. You would be responsible for the difference. The insurance will pay up to what your policy allows. Anything beyond that is not covered.

Many people find it more cost-effective to work with a commercial fire damage restoration company from the start. A commercial fire damage restoration company can work with your insurance company. They can secure the property and restore all salvageable goods to new conditions. A commercial fire damage restoration company that offers comprehensive services is a one-stop shop after a fire. They can do it all.

The right company looks for ways to save you out-of-pocket expenses after a fire. They ensure your property is restored, safe, and ready to be occupied quickly. A fire can be devastating, but you can return stronger than ever with the right support. Learn more about out-of-pocket expenses after a fire and what it will take to restore your property. Call us at Firewater Response LLC now.