Estimating What a Commercial Fire Costs

10/30/2021 (Permalink)

Estimating What a Commercial Fire Costs

Establishing the financial cost of a commercial fire in Burnt Store, FL, requires the help of experts. The National Fire Incident Reporting System identified some important points to bear in mind when estimating fire cost:

• An estimate of fire loss considers structural damage and damage to contents

• Damage to contents includes the effects of fire, smoke, water and overhaul

• The International Code Council’s building valuation data formula is recommended by the U.S. Fire Administration as the tool that should be used by fire departments to determine dollar loss

Structural Damage

Determining structural fire damage should be done by fire remediation and restoration professionals. While melted plastic and charred wood are obvious to the naked eye, other damage can remain hidden. Water used to control the fire can seep into areas not open to view to warp floors and cause wallboard to crumble. Professionals can assess whether repair or replacement is most appropriate.

Damage to Contents

Contents include furnishings as well as equipment. The remediation and restoration company you choose can estimate the likelihood of successfully restoring soft furnishings such as sofas, chairs, and floor coverings. The process can include removing moisture and stains as well as smoke odors. You can determine the tradeoffs between restoration or replacement with the help of experts and your insurance company.

Even if electronic equipment didn’t experience direct damage by fire or water, it can sustain damage from smoke and soot. Smoke contains acids that can corrode components, and a computer’s battery can be subject to combustion. It’s wise to wait for a professional to assess your equipment before turning anything on.

Getting Back to Normal

Your remediation and restoration company can help ensure that you’ve considered all aspects of possible fire damage. Their estimate can be the basis of a bid for the work that needs to be performed in order to get the business back to normal operation.