Experts Predict Highly Active Hurricane Season. Is Your Home Properly Insured?
Free homeowner’s guide lets you know.
SCHAUMBURG, Ill. and TALLAHASSEE, Fla. – (Sept. 1, 2010) – Scientists with The National Oceanic and Atmospheric Administration have predicted the 2010 hurricane season to be one of the most active in years, calling for eight to twelve named hurricanes. According to the Institute for Business and Home Safety, more than fifty-five million people live along the coast from Texas to Maine where there is also $9 trillion worth of insured property which is exposed to the threat of hurricanes.
How can you be certain your property is adequately insured for hurricanes? Nonprofit organizations The Actuarial Foundation and the Federal Alliance for Safe Homes, Inc. - FLASH® encourage all home owners—and renters—to learn about insuring their property against hurricanes by reading their jointly published guideline If disaster strikes will you be covered? A homeowner’s insurance guide to natural disasters.
Available for download at no cost—and also in Spanish—this guide provides essential insurance information to ensure your investments are protected in event of a hurricane. Topics include:
- Insurance coverage needs and how to affect your premium;
- Hurricane percentage deductible;
- Flood insurance coverage;
- How to reduce potential damages to your property;
- How to file a claim; and
- A glossary of terms to use when reading your policy or talking with an agent.
The guide also covers other natural disasters: earthquakes, floods, hail, lightning, power outages, tornadoes, deep freezes and wildfires.
About The Actuarial Foundation
The Actuarial Foundation is a 501(c)(3) organization established in 1994 to help facilitate and broaden the actuarial profession’s contribution to society. The mission of the Foundation is to develop, fund and execute education and research programs that serve the public by harnessing the talents of actuaries.
About the Federal Alliance for Safe Homes
The nonprofit Federal Alliance for Safe Homes, Inc. – FLASH® is a 501(c)3 collaboration of organizations dedicated to strengthening homes and safeguarding families from natural and manmade disaster. Based in Tallahassee, FLASH is the nation's fastest‐growing disaster safety education organization with more than 100 partners including the Federal Emergency Management Agency, Florida Division of Emergency Management, The Home Depot, International Code Council, National Weather Service, Renaissance Reinsurance, Simpson Strong‐Tie, State Farm, USAA and WeatherPredict Consulting, Inc. In 2008, FLASH opened the interactive weather experience; StormStruck: A Tale of Two Homes®. To learn more about FLASH and access their free consumer resources, visit www.flash.org call (877) 221‐SAFE (7233).
Contact: Chris Jorgensen, The Actuarial Foundation
Phone: (847) 706-3659
Email: Chris.Jorgensen@actfnd.org
The Actuarial Foundation | 475 North Martingale Road, Suite 600,
Schaumburg, IL 60173-2226 | 847.706.3535 |