Three Types of Damage for Commercial Claims

11/23/2021 (Permalink)

SERVPRO of Mason City handles not only residential damage, but commercial as well.

There are three types of damage for commercial claims: 

Type 1

Type 1 is a small commercial loss typically involving 15,000 square feet or less of affected floor space. If the facility was entirely affected, examples of a small commercial loss may include; a stand-alone retail establishment, a small church, a small warehouse, or a stand-alone administrative building. A Type 1 loss can also be a smaller portion of a much larger structure.

Type 2

Type 2 is a midsize commercial loss typically involving 15,000 to 60,000 square feet of affected floor space. The building or buildings involved are usually multi-level and/or divided spaces. If the facility was entirely affected, examples of a Type 2 loss may include a small multi-family property, a midsize school, a small shopping center, a multi-tenant administration facility, or a midsize warehouse or manufacturing facility. A Type 2 loss can also be just a portion of a much larger structure.

Type 3

Type 3 is a large commercial loss typically involving more than 60,000 square feet of affected floor space. The building or buildings involved will likely be large multi-level structures. If the facility was entirely affected, examples of a Type 3 loss can include, but are not limited to, a large church, hospital, school, or university; a mid- to high-rise retail facility; a large industrial, manufacturing, or warehouse facility; or a large strip-style shopping center. This is the level at which it would be appropriate to refer to the project as a “large loss.”