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Manufacturing Industry Project Recaps: Fire at Waste Paper Facility

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ILC Assignment:
  • Site inspection of the fire-damaged equipment in the insured’s facility.
  • Assess the condition of equipment and determine repair versus replacement costs.
  • If restorable, determine the scope of work to be completed and the timeframe.
ILC Inspection Details:
  • ILC thoroughly inspected the various damaged equipment to determine if it was restorable to pre-loss condition.
  • Photographic records and documentation of the loss and damage were gathered.
  • During the inspection, ILC witnessed extensive damages to the sorting line caused by heat and the partial collapse of the roof.
  • ILC obtained the cost of the replacement sorting line from the OEM totaling $3.2 million.
Summary:
  • ILC’s thorough inspection of the insured loss revealed that the sorting line did not cost or time-efficient to repair.
  • LKQ replacement parts were sourced and ILC confirmed the equipment could not be repaired.