Disasters can strike at any time. As we sit in the Detroit area (and other places) and see the effects of the winds, we know that there are many whose homes have been affected by the fallen trees and power outages. It is important to be prepared for disaster situations at all times. Millions of people are impacted by tornadoes, hurricanes, floods and other traumatic situations every year. If you are prepared when disaster strikes, then you will feel more confident handling any problems that come your way. Here are a few tips to help you prepare yourself and your family in case disaster strikes.
Review Insurance Policies
It is important to protect your family and your home in the event of a disaster. If you live in an area that is prone to hurricanes or flooding, then you will want to be sure that your insurance policies cover flooding. Many policies do not automatically protect you from floods, which means you may need to purchase additional coverage for these events. If you are renting an apartment or home, then consider investing in policies that will protect your belongings. Many policies cost just a few hundred dollars each year, and they will pay thousands of dollars to cover damages that occur. Having insurance coverage can help you stay financially prepared.
Store Account Information Carefully
Having an extra copy of your account information can also be a tremendous help. Consider keeping an extra file of all of your paperwork in a safe deposit box at the bank, or perhaps in a secure online filing system. It is critical to have all of your account information in case you need to defer payments or update creditors when an emergency occurs. Many banks and lending institutions will offer deferred payment arrangements if you are faced with a traumatic event, but you will need to call to request this service.
Use Trusted Professionals
When storms or other disasters occur, there may be many contractors and other professionals vying for your business. It is important for you to seek providers who provide quality service. You will also want to choose contractors who are reliable. Using providers who offer 24 hour emergency services can relieve some of your stress.
Facing an unexpected disaster can be overwhelming, but being prepared can make the process easier. Start by making a list of all of your bank accounts, debt and assets. Once you have all of this account information, then you can determine which insurance policies you will need to purchase and take steps toward being prepared for any disaster that you may face.