September is National Preparedness Month – Here is How It Relates to Your Insurance
FEMA, Ready.gov, and Listo.gov are big voices in reminding Americans that September is National Preparedness Month. Ready.gov is a great resource for teaching you how to prepare for a natural disaster.
What do they consider a disaster? Wildfires, flooding, thunderstorms & lightning, hurricanes, earthquakes, tornadoes, landslides, severe weather, droughts, and more. No matter where you live in the United States, you can be vulnerable to one or many natural disasters.
Ready.gov breaks down National Preparedness Month in four steps below.
Step 1 – Make a Plan
Step 2 – Build a Kit
Step 3 – Low-Cost, No Cost-Preparedness
Step 4 – Teach Youth about Preparedness
Every step is important in the event of a natural disaster and we encourage you to use this month to read through their information. You can read more here. Knowing information such as a shelter plan, evacuation route, communication plan or even having an emergency kit can be life-saving.
Proper Insurance & Natural Disasters
Having the right insurance coverage is essential if a natural disaster strikes. Many people assume that by purchasing home insurance, you are covered for anything and everything. This isn’t the case. By not having proper insurance coverage, countless people have been financially ruined.
First step with insurance, talk to your agent
Not only should you use this time with your agent to understand your current coverage, but talk about your risks. Should you purchase flood or earthquake insurance? If you were to experience an insurance claim, do you know how you will be compensated to repair or replace what has been damaged?
After talking with your agent, work on Step 2.
Step two includes creating your home inventory list, safely storing important documents, and knowing exactly what to do if you experience a claim.
- Do you currently have a home inventory list? This is a list of your most important belongings. A home inventory list can be as simple as taking photos of every room in your house. Some individuals have an itemized list on a spreadsheet too. In the event you have an insurance claim, you can quickly reference your items in the event they need to be repaired or replaced.
- If you have an insurance claim, be sure to take pictures and videos of your damage. You will work with a claims adjuster so be sure to be timely with your response and save all receipts from purchases you have made regarding your claim. Examples – hotel receipts, meal receipts, or other important items.
- Are your records safe? Records such as insurance documents, birth certificates, social security cards, marriage or divorce license, passport, pet ID tags, immunization records, medication lists, lease or rental agreement or mortgage or real estate deeds of trusts should all be safely stored in a water or fireproof box.
If you have questions about your current insurance coverage and would like to talk to a professional insurance agent, call us! We are experts in the insurance industry and can do a comprehensive review of your current coverage.