Wednesday, January 27, 2010

Restoration or Replacement





Following a fire or water damage, restoration is beneficial for both the insurance provider and policyholder. However, there may be instances in which replacement is more appropriate and effective.




Consider restoration when:

  • Restoration costs could be less than 60% of replacement costs

  • Restoration is faster and more convenient than replacement

  • Restoration results are satisfactory
Consider replacement when:
  • Replacement is faster and more convenient that restoration

  • Restoration is not successful

  • The insured demands replacement (within reason)
When you are face with damage in your home or business, remember the professionals at ServiceMaster of Portland can help clean up the damage NOT clean out your wallet!

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