Extreme bad luck! .... What do I do?

[Mike Lynch]

Talking about extreme bad luck!

I am a plumber, go figure...  I bought a 12 year old, 2000 sq. ft. office building a few months ago. It has 3 tenants and several vacant offices. I told the tenants that I will be rebuilding the toilets, ( tank bolts, seals, fill valve, flappers ) and replacing the water heater this coming week. I know how long things last, so I was going to do this work tomorrow 12/9/2017...... This past Monday morning, 12/04/17, one of the tenants called and said that the water heater exploded and the floors are ruined........... I missed it by less than a week!

We had to rip out all of the flooring, rent dehumidifiers, fans,,,,, the whole nine yards!...... They can't work in the offices because of the water leak.

Am I responsible to pay them for lost work? They keep asking me what they are supposed to do until the flooring is repaired, and the building is back on it's feet.

What a mess? .... What do I do?

Thanks,

Mike

[Matt K.]

If I was you I'd be talking to my insurance company about this and get their thoughts on how to proceed. I'd start with my local agent if I had a relationship/history with them.