How To Limit the Interruption To Your Business While Dealing With Water Damage

1/5/2022 (Permalink)

This flooded basement was caused by a recent storm in the area.

A commercial property owner's worst nightmare might go something like this: a force out of your control, like flooding, causes your building to shut down and your business hemorrhages money and loses out to competitors. If such a disaster were to occur in Melbourne, FL, how can you mitigate this?

Short Delay

If a scenario like a broken pipe flooding your commercial building occurs, you're going to need time to restore your property. Unfortunately, this is something that could halt or slow down your operation for a period of time. However, there are ways you can try to expedite this process:

• Turn off your water so the damage does not spread.
• Ventilate the area- open windows or use fans if electricity is safe.
• Remove as much damaged content as possible to begin drying elsewhere.
• Find a water damage remediation company that can do everything- a one-stop-shop.
  
  

Insurance Coverage

When you are forced to close down your business because your premises is too damaged from flooding or water damage, you may lose out on income and opportunity. Despite this, you will probably continue to have expenses related to the building, like utilities or maintenance staff. Luckily, you can add insurance coverage to your existing policy to compensate for these expenses and the value of the income you would have made if your business was still open. Be sure to clarify with your provider the amount of time you would be covered for- you probably want more than a few days.

Alternate Space

Large water damage can put you out of commission for a long time. One way around this is to find somewhere else to operate while the repairs and underway. Depending on your needs and how much of your equipment is available, you could temporarily rent a space to continue as much of your correspondence and dealings as possible.
Flooding and other water related perils can seem scary and unmanageable, but if you have a well thought out plan ready, you can slide through it just fine. Being prepared almost always pays off.