Is it better to restore or replace property?
Owning a property is such a great asset, you receive fluid money. It’s a great investment for sure – but with every investment there is always a risk. The customs of your tenants are never certain or even tragedy hitting your property such as: storms, sinks leaking, toilets leaking, bathtubs or showers spilling, pipes breaking, water leaking, fire, deaths, the list goes on. When tragedy strikes you can’t afford to close your property especially when tenants are relying on you to keep your property open.
For many years the water & fire damage industry had taken a long time to get jobs done. Which was not efficient in resources and time. SERVPRO of San Diego East differs from most water and fire damage cleaning services because we believe restoring is key. Here are major differences between restoring and replacing.
- Saves property
- Lowers loss costs and LAE
- Provides help in customers time of need
- High loss cost and LAE
- Increase insurance rates
- Customer may not like new replacement
Restoring is quick and lowers cost - making your property available quickly “Like it never even happened.”