We talk a lot about water damage on this site – the causes, the effects, and the solutions to it. But we’ve not touched much on the price of water restoration.
Today, we’ll discuss how much water damage restoration costs and how to make relatively accurate calculations before calling your pro to repair the damage for you.
Content table:
Before we breakdown the costs, you first need to understand what you’re actually buying. Water damage restoration is a process of bringing your home back to the condition it was in before it was flooded.
This involves extracting all of the floodwater, drying out your materials like walls, flooring, and furniture, and potentially also replacing some items that can’t be salvaged (this often includes your drywall, insulation, and carpets since they deteriorate easily when damp).
Water damage restoration involves commercial equipment, labor, and time. And this is what you’re paying for. More about the exact cost breakdown later.
It’s true with most things, but especially when it comes to water damage or flooding – time is money.
The more your property gets flooded and the more time passes, the higher the restoration costs. But the increase is exponential.
It takes just 24 hours for mold to start growing after a leak or flood. Then, in under 48 hours, there can easily be more than enough water to permanently damage your drywall and carpets, necessitating their replacement.
The longer the water remains in a property, the worse the conditions will be. And this is not just important for your wallet but also for your health – the floodwater can easily be contaminated with a bunch of bacteria, microbes, various waste, and filth.
So, it’s important that you get water damage restoration company to help you immediately after water damage.
Let’s now breakdown what type of water damage you can experience. Here’s a detailed, but not complete, list:
Each of these types of water damage requires a different approach to restoration since it’s not just about removing the water but also mitigating the moisture source.
This also means that the cost to restore each of these types of water damage can also differentiate.
Water damage categories simply imply how “dirty” the water that has flooded your room(s) is. There are 3 water damage categories:
The dirtier the water damage is, the harder it is to clean. The harder the cleaning, the higher the costs.
And then there are water damage classes. Unlike categories, water damage classes are based on the extent of the damage, not it’s cleanliness (or lack thereof). There are 4 classes:
There you go! Now you’re more educated on water damage than most homeowners. But we’re still not done yet.
So, as we’ve said, water damage restoration costs are determined by the following things:
Water damage companies will charge you for their:
Water damage technicians have spent a lot of time learning and perfecting their craft so that they can swiftly detect and mitigate water damage issues. This is worth a lot of money.
Then count in the equipment, which costs thousands, the time it takes to learn how to use the same equipment, and transportation costs, and you’ve got your water restoration price.
We’re not done yet. If you’ve got items that require replacements (drywall, insulation, carpets, and other materials), this will also cost money. Perhaps a lot of money.
It all depends on the scenario, how much was lost, and how much can be saved.
Good news! Water damage is covered by insurance, and this includes most scenarios:
However, there are nuances:
Of course, this requires further consultation with both the restoration company you’re going to work with (and not a simple blog like this one) and the insurance provider.
Tips for filling your insurance claim:
Keep in mind that the insurance company will always have their best interests in mind, not yours. This is why you have to assemble undeniable evidence that it was indeed not your fault that the leak happened.
You might believe that you’re saving money with DIY restoration, and you’d be somewhat correct… in the short term.
When looking at it from a long-term perspective, you’re actually losing money. Why?
Here’s a breakdown:
Why bother? Leave this to experts, and:
Alright, man, what’s the number?
The general estimate is anywhere between $1,500 and $5,000. However, it can be a lot more if the case is severe.
Hopefully, you’ll now walk away more educated on the issue and have more confidence in choosing a professional restoration company to work with.
Ready to get started? Call us now to get connected with a professional water damage restoration company ASAP!
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