Expert Commentary on the Insurance Industry
06 septembre 2024 • 8 min read
In recent years mitigation, remediation, and abatement have become add-ons that increase both the complexity and cost of property loss claims. The most seen example is the cost and abuse of ‘water mitigation’
I remember, as a small child, following my grandpa around job sites. I was so enthralled with that confident man in blue and white striped bib overalls, wearing his work fedora. I was convinced that he could build anything, fix anything, tackle any project. He took pride in his work, and he instilled in me the concept of "an honest day’s work for an honest day’s pay."
In recent years mitigation, remediation, and abatement have become add-ons that increase both the complexity and cost of property loss claims. The most seen example is the cost and abuse of ‘water mitigation’
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