A Guide for Homeowners
What a Disaster!
United States Billion-Dollar Disaster Event Cost (CPI-Adjusted)
Scientists are saying that this is the new normal, and we're likely to see worsening storms, droughts, and floods in the coming years.
1 NOAA National Centers for Environmental Information (NCEI) U.S. Billion-Dollar Weather and Climate Disasters (2018).
Preparation is key. Pack a bag with:
Other essentials such as meds, diapers, pet food.
Check your insurance coverage.
You should have "replacement cost coverage."
Find out if you have separate flood, earthquake, or other natural disaster coverage.
Consider disaster insurance.
Assess where you live and the likelihood of a disaster striking your area.
Discuss coverage with your mortgage lender, real estate agent, and neighbors.
Build an emergency fund.
Keep this separate from your normal savings.
Experts suggest you should have six months' worth of pay on hand.
Create a survival kit. This should include bottled water, non-perishable food items, blankets, matches, a flashlight with batteries, a first-aid kit, cash, your daily medications, and important documents such as health and home insurance paperwork.
If you are permitted to stay in your home, find a safe place, usually a ground-floor or interior room.
If you do not have a survival kit or you do not feel safe in your home, go to the nearest shelter.
If you're ordered to evacuate the area, GO! If you stay put during an evacuation, critical resources could be diverted from the area and rescue teams may be unable to reach you.
Once you've been cleared to return back to your home or the immediate danger is gone, there are a few things you should do right away to help you get back on your feet quickly and more easily.
Document damage to your property and secure it from looters and squatters.
Contact your mortgage servicer and ask about disaster assistance.
Contact your insurance company to report damage to your home, vehicles, and any other insured items.
If you have separate flood or earthquake damage, contact those insurers if needed.
If your property is in a declared federal disaster area, contact these organizations for help. Don't wait for your insurance company to respond first!
In a natural disaster, the right protection for your home and property is critical. If you need a recommendation for a homeowner's insurance agent,we are happy to provide some referrals. Contact us to learn more.