Industry Trends

Unlimited Opportunities in a Recession-Proof Business

Over 3,000 insurance companies in the United States spend $32 Billion in residential property damage claims each year, and over $130 Billion in commercial claims according to the 2007 A.M. Best Data, a leading data reporting company for the insurance industry. The demand for emergency restoration services is constant and unaffected by economic swings such as interest rates, real estate, job market or stock-market fluctuations.

Industry Facts:

• In an Insurance Services Office (ISO) report in 2006, property damage and theft claims accounted for 81 percent of all claims payments.
• ISO also reported that same year that claims accounted for $58 of every $100 of homeowners insurance premiums earned.