Tracing the History of SERVPRO

4/20/2023 (Permalink)

From Painting to Restoration: How SERVPRO Became a Leader in the Industry

SERVPRO, a leader in the cleaning and restoration industry, has come a long way since its small painting business origins over 50 years ago. Today, the company has more than 2,000 locations in the United States and Canada and is the #1 choice in cleanup and restoration. The history of SERVPRO is a story of growth, expansion, and success, driven by a commitment to providing top-quality service to customers.

SERVPRO was founded in 1967 as a small painting contractor business in Sacramento, California, by Ted and Doris Isaacson. With their background in cleanup and restoration, they decided to become a franchisor for specialists in this industry. Two years later, in 1969, they launched into franchising cleaning businesses. By 1979, SERVPRO had acquired the Bristol-Myers Domesticare division and its 175 franchises.

In 1980, SERVPRO received its first ranking in Entrepreneur Magazine's Franchise 500, which was just the beginning of the company's success in the industry. By 1988, with 647 locations, the Isaacsons relocated the SERVPRO headquarters to Gallatin, Tennessee. This strategic move put the company within 600 miles of 50 percent of the U.S. population, boosting its options for nationwide expansion. It wasn't long before SERVPRO proved itself to be a major asset to its new community, and it was named the "Small Business of the Year" by the Nashville Business Journal in 1991.

SERVPRO continued to grow into the new century and hit a milestone in its growth when it sold its 1,000th franchise in 2000. In 2005, the company moved to a 140,000-square-foot, state-of-the-art facility in Gallatin, Tennessee, to provide more room for expansion. By 2009, SERVPRO had reached its billion-dollar goal.

SERVPRO's success has been built on a solid business model that provides entrepreneurs with a recession-proof opportunity. The company offers franchises in the cleanup and restoration industry, which has proved to be a vital service, particularly during times of crisis. In 2019, the investment firm Blackstone acquired a majority stake in SERVPRO as part of Blackstone's Core Private Equity strategy. The Isaacson family will re-invest alongside Blackstone and continue to be significant shareholders in the business.

Throughout its history, SERVPRO has received numerous awards and recognition for its outstanding service. The company was named the "Small Business of the Year" by the Nashville Business Journal in 1991 and has received rankings in Entrepreneur Magazine's Franchise 500 every year since 1980.In 2017, SERVPRO celebrated its 50th Anniversary, a testament to the company's longevity and success.

SERVPRO's commitment to providing top-quality service to customers has been demonstrated time and time again. The company has been on the frontlines as the COVID-19 pandemic spreads to North America. SERVPRO was also called on to provide services when the first cases of COVID-19 broke out in a senior facility in Washington state. Since then, the federal government, Fortune 500 corporations, and hundreds of small businesses have called on SERVPRO's expertise in deep cleaning and decontamination to help keep their patrons safe.

SERVPRO's history and evolution over time is a story of growth, expansion, and success.

Understanding Mold Damage Coverage in Renters Insurance: When to Choose SERVPRO®

1/26/2022 (Permalink)

Review your policy, report any issues promptly, and take appropriate measures to mitigate damage to your personal property.

Discovering mold damage in your rented home in Renton, WA, can be a concerning situation. Homeowners and business owners alike want to ensure they're adequately protected by their insurance policies. When it comes to mold damage, understanding your renters insurance policy is essential. This article explores what you need to know about mold damage coverage and why choosing SERVPRO® for mold remediation is a smart decision for homeowners and business owners in Renton.

1. How Renters Insurance Functions:

• Rental insurance policies primarily focus on safeguarding the personal property of the renter. The responsibility for the structure typically falls under the landlord's insurance. These policies often provide coverage for damages caused by emergency situations like fires or floods, along with any resulting damage from these events. Additionally, they may extend coverage to damages caused by accidents or natural occurrences up to the point when the resident becomes aware of the issue. However, it's crucial to note that most insurance policies do not cover damages resulting from neglect.

2. Mold Damage Coverage:

• Rental insurance policies may include provisions for mold removal and remediation if the mold growth can be traced back to an emergency situation, such as water from a fire hose, natural events, or accidental pipe breaks. In many instances, these policies may also cover the expenses associated with hiring a professional mold remediation service like SERVPRO.

3. Responsibilities of Renters:

• In most cases, renters are responsible for promptly reporting any mold-related issues as soon as they become aware of them. Damages to a renter's personal property typically fall under their purview, while damage to the actual property may fall within the domain of the landlord's insurance. Renters insurance policies often require the renter to take all reasonable measures to report and address mold problems promptly. Understanding the policy's contents and maintaining adequate coverage is also the renter's responsibility.

Why Choose SERVPRO for Mold Remediation:

• When faced with mold damage, choosing a professional remediation service like SERVPRO is a wise decision. Here's why:
  • Expertise: SERVPRO specializes in mold remediation and has the experience and knowledge to effectively address mold-related issues.
  • Advanced Equipment: We utilize state-of-the-art equipment and techniques to ensure thorough mold removal and remediation.
  • Safety: Mold can pose health risks, and attempting to remove it without proper protection can be hazardous. SERVPRO professionals have the right gear to safeguard their health and yours.
  • Comprehensive Service: We offer a comprehensive range of services, from mold assessment to complete remediation, ensuring your property is restored to a safe and healthy condition.

Understanding your rental insurance policy and its coverage for mold damage is vital for renters. Review your policy, report any issues promptly, and take appropriate measures to mitigate damage to your personal property. By being proactive and informed, you can navigate mold-related challenges with greater confidence and peace of mind. Choose SERVPRO for professional mold remediation, ensuring the safety and well-being of your home or business in Renton.