Unless the UK changes its approach to flood restoration then premiums will soar
It’s no secret that in recent years floods have caused millions of pounds worth of damage across the UK. Many argue that not enough is being done to prevent flooding. There certainly needs to be resistance and resilience measures in place to tackle the risk of flood. Developers, homeowners and businesses all need to educate themselves on the measures they can personally take and local authorities must review flood defences and put precautions in place.
However, it’s not just the preventative stage that needs to be looked at. Unless there are changes to the way that restoration takes place, insurance premiums will continue to soar.
The Current Process
After a flood has occurred the home owner reports this to the insurer or the local authority. A loss adjuster or damage management contractor visits the premises to carry out a survey. An assessment generally covers health and safety, the amount of damage, the future risk of flood and the best process for removing water and possible strip out.
Decontaminating the building and pumping out any water is the first priority and the building needs to be properly sanitised.
This all takes place before a drying schedule or method is decided. Once the best method for drying is established and scheduled then the drying actually begins. Using inadequate systems can mean that the drying process takes months.
Before any restoration can take place a drying audit and certificate needs to be issued and a sanitation inspection needs to take place.
Only once all this has been done can decisions be made on the repair, refit and redecoration.
At present there are many stages within the process that delay the restoration. This means that homeowners and businesses are displaced for longer than is necessary which is at the cost of insurance companies.
The problem with the current system is that it is slow. Drying can be held up whilst it is determined which options are the best or most cost effective.
Because drying times cannot be accurately predicted restoration works cannot be scheduled in until drying is complete.
There are many stages to the process and each stage can incur its own set of delays. The result is that the restoration of properties takes far longer than it should.
The whole process needs to be streamlined. Strategies could be put in place to speed up the drying and restoration, and get people back into their homes and businesses faster. This would reduce costs significantly.
If there are no changes in how the restoration process is approached then premiums will soar and people will be unable to afford adequate insurance.
Arxell and Flood Restoration
Arxell was borne out of frustration with the current drying processes. The design of Arxell addresses many of the inadequacies. There are two main areas where Arxell could substantially improve the current system.
Firstly Arxell has been proven to dry an area up to three times faster than other drying methods. This is a huge benefit to the flood restoration industry. The second area of improvement is the fact that Arxell units do not need to be sealed off and are safe to work on. This means restoration can begin whilst drying takes place instead of after.
We believe that Arxell could revolutionise the flood restoration process. Our units provide many benefits. As insurance companies become more aware of the benefits that Arxell brings, we think that they will begin to demand that the Arxell system is employed where flooding has occurred.
You can find out more about the benefits of Arxell in the flood restoration process here. If you’d like to hire or buy the Arxell system or receive a demonstration then get in touch.