Homes can sustain a considerable amount of damage due to household leaks, heavy weather conditions, and floods. Next to wildfires, however, floods are considered to be the most common natural disaster that adversely affects the United States. When the President announces a natural disaster, 90% of these declarations are due to some type of flooding.
As recent weather conditions throughout the United States show, these floods displace persons and entire communities. When homes and condos sustain damage, these types of repairs tend to account for 36% of all remodeling jobs handled by contractors. In some instances, an entire home needs to be renovated, which amounts to 35% of the remodeling jobs requested.
On a daily basis, there are a considerable number of people’s homes or places of employment that experience some type of water damage. Industry estimates show that this is experienced by about 14,000 people in the United States alone. Basements, in particular, are prone to water damage, and this will likely occur at some point with about 98% of the homes that have basements throughout the country.
When a sheet of drywall is standing upright in just half an inch of water, for example, this can wick up to six inches in less than three hours. In moist areas that haven’t received water proofing, mold can begin to grow after just 24 to 48 hours. When left unchecked, mold can continue to spread. In the event that this occurs, being in that environment is a definite health and safety risk.
Every year, the insurance industry receives claims for water and mold damage. The total annual cost to this industry for these reasons alone amounts to $2.5 billion. On average, when a home has sustained water damage, the homeowner’s insurance claim is about $6,965.00. While it does depend on the type of damage sustained, these claims can be considerably higher.
If your house or condo has sustained water or other types of damage, a residential construction company can provide you with home repairs and remodeling services. In the event that your entire house needs to be renovated, general contractors can also handle this job as well. When your home is being repaired or remodeled, particularly if it is due to water and mold damage, your contractor will recommend water proofing. Since water proofing can assist with preventing mold to grow and spread, this is an excellent preventative measure should your basement or other rooms sustain water damage due to leaks or flooding.