by Walter
Lumpp
Catastrophes show no favoritism.
Fires, floods, storms, and other disasters
create havoc with equal disregard for all
people and places. Last year, such devastation
cost the insurance industry an
estimated $30 billion in payments to
policyholders—who then sought
builders to restore their damaged property.
A Market Largely Untapped
Insurance restoration forms a significant
segment of the construction industry.
Yet it remains a largely untapped
market for most builders, who can't see
beyond the charred remains or muddy
mess of a disaster scene to the remodeling
job ahead.
Dealing with the aftermath of a disaster
requires special skills and flexibility.
But it also provides a recession-proof
source of work. Disasters don't care
about the season of the year or the