Tuesday, August 11, 2009

Third Party Damage

When a third party is working in your building and causes a major flood or fire we believe it is the best policy to complete the repair yourself as the building owner and have your insurance carrier subrogate back to the third party for payment of all expenses.

We believe that this is the best possible outcome for completing the repairs properly. You run the risk of the third party trying to complete the repair without doing a competent job. We have seen situations where the third party does not want to completely dry a wet building as they do not want to pay the proper cost of structural drying. It is much better to get your own professional who is working for you to ensure a proper repair.

Donn Peacock
Owner

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