Avoid Costly Claims: Reduce Your Risk of Water Damage

12/30/2018 (Permalink)

Ceiling collapsed due to weight of water from a damaged roof in a Luther, OK business

Avoid Costly Claims

Each year, companies in the Luther, OK, area are forced to file a business claim due to water damage that, in many cases, could have been avoided. Damage can come from a number of sources, such as a pipe break, flooding due to storms, sewer backup or a broken water heater.

An average claim can run into tens of thousands of dollars, and depending upon the type of insurance, secondary damage due to mold or mildew may not even be covered. In addition, your insurance rates could increase after filing a large business claim.

Happily, there are steps you can take to help avoid this. Here are some tips:

1. Protect Pipes

Accessible or exposed pipes should be insulated to keep them from freezing. Frozen pipes can easily burst. Most hardware stores will be able to supply the correct material for insulation.

2. Keep the Building Temperature Stable

Even when the business is closed, you should always maintain a stable temperature inside the building. Keep the thermostats set to at least 55 degrees Fahrenheit.

3. Keep Drainage Clear

Always be sure that water can drain away from the building. Keep downspouts and gutters free from debris, and make sure that any drainage areas are uncluttered.

4. Seal Leaks

Inspect foundations and exterior areas to make sure they're free of gaps or cracks. If found, seal them to prevent water seepage.

5. Protect Valuable Assets

Any items such as electrical equipment should be kept raised above floor level to protect them from flooding. Any valuables that aren't waterproof should be kept in safe place that will protect them from harm.

6. Consult with an Expert

You might want to also consult with a professional water remediation company. They can inspect your building to see if there are any hidden or overlooked problems, and offer more advice on damage prevention.

No one wants to have to file a business claim when a flood or broken pipe damages their building. Following the tips outlined above can save you a lot of trouble by preventing the harm before it has a chance to happen.