Even though fire sprinkler systems are one of the most effective ways to extinguish fires and protect both lives and property, they can malfunction and leak. Unfortunately, the water damage that can result from a fire sprinkler system misfiring or leaking can be substantial.
From water-damaged floors and ceilings to damaged equipment and inventory, fire sprinkler leaks can be costly. This is where filing an insurance claim the right way can make a huge difference. However, getting the insurance payout you deserve involves more than just calling your insurance provider.
Today, we’ll discuss how you can maximize your insurance payout after a fire sprinkler leak or malfunction. We’ll also explain how using the Shutgun Fire Sprinkler Shut Off Tool can help you minimize water damage and even avoid having to make insurance claims in the first place.
Steps to Take to Maximize Your Insurance Payout
Getting the highest payout possible may seem like a complicated and frustrating process, but if you follow these steps, everything will be far more streamlined and simplified:
Step 1: Prevent Further Water Damage
It may sound obvious, but it’s essential that you stop the damage from getting any worse the second you notice it. Most insurance companies and policies will verify that the claimant took reasonable steps to mitigate the extent of the damage.
With sprinkler leaks, this means stopping the flow of water as soon as the leak is detected. Whether it’s a slow-dripping leak or a full-blown malfunction, one of the best ways to prevent a fire sprinkler from expelling water is to use the Shutgun. This affordable, handheld tool can deactivate a fire sprinkler head in seconds.
Even if the fire sprinkler head is damaged, there are specialized versions of the tool, like the Sheared Head Shutgun, that can reach in and deactivate a broken fire sprinkler head. To ensure you can take action quickly, it’s recommended to keep a Shutgun near every fire extinguisher.
There are other varieties of the Shutgun, designed for different sprinkler head setups, such as the Concealed Head Shutgun and the Institutional Shutgun. Get the right tool for your specific fire sprinkler system.
Not only can taking action quickly minimize the scale of damage, but also being able to demonstrate to your insurance provider that you had the necessary tools to mitigate damage will help reduce complications when you file your claim.
Step 2: Make Sure You Document Everything
The more detailed information you can provide to your insurance provider, the lower the chances are that they will reject your claim or offer a smaller payout than you deserve.
This is why you should take photos of the damage as soon as you can. Photograph everything, including damaged furniture and equipment. It’s also a good idea to keep the damaged items, rather than throwing them out. If it’s a significant claim, the insurance company may send an inspector to assess the damage on its behalf.
It’s also a good idea to keep a detailed timeline of the damage, including any efforts you made to stop the leak. It’s also a good idea to have copies of any maintenance you’ve had done on your sprinkler system, as well as proof that you possess tools like the Shutgun to address potential leaks and misfires.
Step 3: Understand the Details of Your Insurance Policy
Before you submit your claim, make sure you understand your policy. Review your type of water damage coverage, deductible amounts, and any applicable exclusions.
If you are only filing for damage that you are actually covered for, you will encounter far fewer complications. If you are asking for more than you are entitled to, there’s a higher chance the insurance company will reject your claim, rather than paying it out in full.
Step 4: Be Thorough and Know When to Follow Up
Once you’re ready to file your claim, ensure that you file promptly, provide all available information, and follow up if you feel you’re not receiving the necessary information or responses.
You can also have a third-party damage inspection company assess the situation and provide you with an accurate estimate for repair and restoration costs. This will help you justify a larger payout.
Final Words
Dealing with water damage can be stressful, but filing your insurance claim correctly can give you the best possible chance of making it a non-expensive situation.
Beyond that, having the right tools on hand, like the Shutgun, can help you minimize damage and maximize insurance payouts. If you want to make sure you have the right tools for the job, consider a Custom Shutgun Case, which will come with the correct number and types of Shutgun tools your property needs.
Do everything you can to ensure you receive the payout you deserve, and ensure you have proper insurance coverage by reviewing your policy.