Disaster Preparation refers to the proactive measures taken by individuals and businesses to mitigate the financial risks associated with catastrophic events such as natural disasters, accidents, or other unforeseen emergencies. This preparation may include purchasing appropriate insurance coverage, creating emergency plans, conducting risk assessments, implementing protective measures for property and assets, and ensuring readiness to respond effectively in the event of a disaster. The goal of disaster preparation is to minimize potential losses and disruptions and to facilitate a prompt recovery process in the aftermath of a disaster.

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Making Sure that Your Home is Properly Covered for a Disaster

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Given the escalating construction prices and potential scarcity of materials and labor after disasters, it’s imperative for homeowners to regularly update their insurance coverage to reflect improvements, major purchases, and increased rebuilding costs, ensuring comprehensive protection for their most valuable asset – their home. Underestimating coverage needs could leave homeowners vulnerable to financial setbacks in the event of unforeseen disasters or property damage.

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Alarming Number of Americans Unprepared for a Major Disaster

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Amid peak disaster season, a recent national survey unveils that numerous homeowners are underinsured, lack comprehension of their policies, and have insufficient savings to sustain their households during emergencies.

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Free Resources to Help Small Businesses Survive Severe Weather Events

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Small businesses face substantial risks from severe weather, but with IBHS’s free resources, owners can fortify their operations against potential disasters. By utilizing tools like OFB-EZ and EZ-PREP, businesses can streamline their planning, ensuring resilience and continuity in the face of adversity.

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Remembering Irene…Lessons Learned

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This time last year, the Northeast endured the aftermath of Hurricane Irene and an unexpected October snowstorm wreaking havoc in Massachusetts, resulting in extensive damage including downed trees and prolonged power outages.

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