One of the biggest concerns homeowners have about water damage restoration is how much it will cost. There can be a lot of anxiety and stress around how much the process will dig into their budget, especially if insurance will not cover the costs of cleanup. There are many factors that contribute to the cost of restoration services and some of these factors can raise the cost by hundreds or thousands of dollars.
Factors that Contribute to Cost of Water Damage Cleanup
There are many different factors that professional water cleanup companies must take into consideration when creating an estimate for the cost of water damage restoration.
- Water Quality- There are three different levels of water quality. Category one is sterile water such as a leaking faucet. Category two is gray water which can include detergents or chemicals and level three is hazardous water such as sewage or flood waters. Category three cleanup is much more expensive than category one.
- Severity of Damage- The most obvious factor that contributes to the cost of water damage restoration is how severe the damage is. The amount of time the water has been standing as well as how much water is in the home will have the biggest effect on damage severity.
- Additional Services- If there are additional services needed to complete the cleanup successfully such as mold remediation, carpet replacement, drywall repair, and more the cost of the restoration will rise significantly.
- Location of the Water Damage- The process to cleanup water damage can vary depending on the location of the damage. Floods on the second floor of a home may cause more damage than floods that happen in basements.
Oftentimes homeowner’s insurance and rental insurance can help pay for the costs of water damage restoration, but it is important to make sure you know the costs to you upfront. Make sure to ask for a complete estimate and partner with your insurance company on their preferred vendors to help lower the costs for yourself.