How to Calculate the Price of Fire Damage Restoration

In the event that you experience a house fire, you will want to know how to properly calculate your fire damage restoration value. You want to be sure that this is done properly so that you can get back as much money as possible for the lost and destroyed items.

Step 1 ­– Itemize Your Assets

It is important to create a list of all items you are going to claim. Start a notebook, with various sections for Trash disposal, restoration costs, equipment rentals, and professional fees.

Step 2 – Account for Your Possessions

The possessions that you can claim are those that have been completely destroyed by the fire. Anything that has been damaged, to the point where it has to be discarded can be counted as part of your claim.

Step 3 – Account for Repair and Restoration

In your claim, make sure that you account for all the costs of restoring anything in the house that was damaged. This includes the removal of smoke odor, which attaches itself to everything within your household. Be sure to note things such as what will need to be repainted or rebuilt. As well as any technology such as alarms systems that need to be replaced.

Step 4 – Submit Your Claim

When you feel that you have all the items ready and itemized properly, you need to submit your claim to your insurance company. From there, they will make their decisions on what amount of money is due back to you. It may be helpful to hire a professional to make your list as complete as possible. There will be an additional fee that needs to be paid to them, but you will know that you are getting back as much money as possible.