Tap emergency situation resources
Reach out to the Federal Emergency Management Agency, Disaster Assistance Improvement Program and the American Red Cross, in addition to state and city governments, for emergency situation support. You might likewise discover aid in your neighborhood.
“Disasters bring people together,” McClanahan stated. “People are really good at helping people.
“If you have the capability to assist, do it,” she added. “It might be you who requires aid one day.”
Contact mortgage and other lenders if you may have trouble making loan payments.
Prepare for insurance claims
If you’re going to file an insurance claim, inventory the damage before you start cleaning up.
Make temporary repairs to prevent further damage, but hold off on permanent repairs until you’ve gotten approval for reimbursement. Keep a written record of the name of everyone you talk to about your claim, including the date of the conversation and summary of what was said. And keep all receipts.
Understand your flood benefits
Floods, including those from a storm surge, are not covered by most standard insurance policies. Coverage for floods requires a separate policy, either from the federally based National Flood Insurance Program or a private insurer. There is a 30-day waiting period before flood coverage is effective.
Flood insurance for autos is an option under the comprehensive portion of a policy.
Know your deductible
An aerial view of Fort Myers Beach, Florida, during a Coast Guard flight after Hurricane Ian, on Oct. 2, 2022
Miami Herald | Tribune News Service | Getty Images
Many property owners in Florida will face a “typhoon deductible,” which is different than the standard insurance deductible. It’s typically a percentage of the property value.
“If you have a $300,000 home, you might have a $15,000 typhoon deductible prior to the insurance coverage begins paying,” stated Bob Rusbuldt, CEO of the Independent Insurance Agents and Brokers of America.
After Hurricane Ian, Rusbuldt forecasts, it will be hard for customers to discover home insurance coverage.
Many will now be dealing with even greater premiums and deductibles and might need to discover a brand-new insurance provider if theirs takes out. Many Florida homeowner currently have insurance coverage through Citizens, Florida’s state-run insurance provider of last option.