You are the practice manager for a four-physician office. You arrive on Monday morning tofind the entire office suite flooded from overhead sprinklers that malfunctioned over theweekend. Water stands ankle-deep everywhere. The computers are fried and
You are the practice manager for a four-physician office. You arrive on Monday morning tofind the entire office suite flooded from overhead sprinklers that malfunctioned over theweekend. Water stands ankle-deep everywhere. The computers are fried and the contentsof all the filing cabinets are soaked. Your own office where most of the records were storedhas the worst damage.The practice carries valuable papers insurance coverage for an amount up to $250000.It is your responsibility to prepare an estimate of the financial loss so that a claim can befiled with the insurance company. How would you go about it? What would your summaryof the losses look like?