Recent General Posts

SERVPRO of Milton/Braintree is IICRC Certified

7/27/2018 (Permalink)

General SERVPRO of Milton/Braintree is IICRC Certified We are proud to be an IICRC certified company Call us 781-341-7007 for your next disaster restoration or cleaning

What is the benefit of hiring an IICRC Certified Firm?

Just as any professional performs at a higher level of competency in their fields, IICRC Certified Technicians set themselves apart through training, experience, and comprehensive examination.

When you see a IICRC logo, you can be confident that an IICRC-certified experienced, qualified professional is caring for your valuable property. IICRC Certified Firms employ technicians who, after study, field experience and passing comprehensive exams, have received IICRC certifications in specific cleaning, restoration and inspection categories such as upholstery, wood flooring, stone and tile flooring, carpet cleaning, odor removal, mold remediation, water damage, fire damage restoration and more.

At SERVPRO Milton/Braintree you can trust the professionals handling your disaster restoration have had the highest quality training

Insurance Reconstruction - What is Recoverable Depreciation?

9/9/2017 (Permalink)

General Insurance Reconstruction - What is Recoverable Depreciation? Insurance policies can be confusing.

This is an amount of money withheld by the carrier to ensure your repairs are made and ensure it costs the insured the full amount to repair the property.

Here is an example:

  • Actual estimated amount of the claim: $10,000
  • Customer Deductible: -$1,000
  • Recoverable Depreciation Withheld: -$2,000
  • Actual Cash Value payment made to insured: $7,000

In this example for a $10,000 claim, the insured would receive a check for $7,000 to repair the property.

Once the work is completed and the total cost of the repair has been incurred, the insured can file with their insurance carrier for the recoverable depreciation.  In this example the recoverable depreciation payment would be $2,000 to the insured once the work was complete.

Have questions about insurance reconstruction? Call SERVPRO of Milton / Braintree Today – 781-341-7007.