This spring's flood season is forecasted to be worse than average, affecting some 128 million Americans. According to a recent survey we conducted with The Harris Poll, much of that damage is likely to be uninsured. Why? Because most Americans vastly underestimate their exposure to flood damage. Here's a closer look at the disconnect, plus tips on how agents can tap into NFS resources to help Americans be ready when floods hit.
Tuesday, May 19, Michigan Governor Gretchen Whitmer issued a state of emergency for Midland County after two dams (Edenville and Sanford) were breached. Unprecedented flooding, as a result of several days of heavy rainfall, caused the dams to collapse and has displaced thousands of residents of Midland County and neighboring areas.
What storm activity can we expect in 2020? On April 2, 2020, the Tropical Meteorology Project Forecast from Colorado State University advised: “We anticipate that the 2020 Atlantic basin hurricane season will have above-normal activity.” Below is their forecast for Named Storms, Hurricanes, and Major Hurricanes.
Floods are becoming more common in the United States. In an age where three-quarters of the country lives paycheck to paycheck, that means most of us are just one bad storm away from disaster. But it doesn’t have to be that way. At NFS, we’ve dedicated ourselves to expanding flood protection for Americans around the country. Here’s our five-pronged approach for making sure more people who need flood insurance actually have it.
The National Weather Service advises that, “The time to prepare for a storm is before the season begins, when you have the time and are not under pressure.” Waiting until the zero hour to plan can result is costly mistakes.
The saying “Times like this, even though tragic and devastating, bond us together as neighbors” by Jerry Reed has never been truer as evidenced by the solidarity many communities have seen during the COVID-19 pandemic.
Part of preparing for a hurricane includes strengthening your home. There are a number of ways to do this that can help to minimize damage sustained during a storm.
One very important but often overlooked but part of preparing for a storm is insurance. Be sure to reach out to offer your policyholders an insurance checkup.
Now that you should be aware of your flood risk and have created an evacuation plan, it’s time to start assembling disaster supplies. Start by making a list of various supplies you’ll need to both get through the storm and its aftermath.
97% of hurricanes hit between 1 June and 30 November. Now is the time to act and get prepared.