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Florida commercial enterprises are vulnerable to devastating financial losses should there be loss like a fire, as this can bring operations to a full stop. Property owners need to act quickly to address the loss, or they will run the risk of disruption of the marketability of their products.

In this video segment from “The Property Man,” Bob Massi discusses why it is so important to understand the ins and outs of your homeowners insurance when disaster strikes. He supported the discussion with an interview with Lou Holtz regarding the fire loss at his Lake Nona home.

A commercial or home fire will often cause different types of damage and, to the inexperienced eye, much of it can go undetected. The multiple potential effects from fire damage include: Water damage. Smoke damage. Destruction from firefighters attempting to enter the structure.

The scope of loss: A scope of loss is a document or multiple documents and measurements that explain the amount and type of damage that has been done to your Tampa home. A scope of loss is outside the skills of your general contractor: The scope of loss represents the total damage expense including hard costs, supervision fees, overhead and profit, common and complex insurance policy claim payment precedent required to replicate your Tampa home.