April is Disaster Preparedness Month. Make sure you have the right insurance before a disaster instead of wondering if you do after.
Seattle, Wash. March 29, 2012 April is Disaster Preparedness month which is the perfect time to make sure you have all the resources you need when a natural disaster impacts you and your family. As you take the time to study the great information provided by the American Red Cross and FEMA to build your personalized emergency kit (including a home inventory checklist), and develop evacuation plans be sure to review your insurance policies to make sure you have the right coverage after the disaster.
A standard homeowners policy will cover a lot of Mother Natures wrath, but some catastrophes, like earthquakes, require additional coverage, said Brad Hilliard State Farm Spokesman. The best thing someone can do is talk to their local agent about their specific situation.
To get coverage for an earthquake you will need to add an endorsement and the additional premium will vary based on several factors including age, building materials and proximity to known fault lines. Flood insurance, which is regulated by the federal government, must be purchased as a separate policy.
State Farm Insurance recommends a yearly insurance checkup with your local agent. This ensures that you notate any updates to your property, review your specific risks and adjust your policies to get the best coverage for the best price. Each family is unique and we should treat our insurance that way as well, what works for your neighbor may not be the ideal coverage for you, said Hilliard.
Take the time today to prepare for tomorrows disaster. Do not wait until it is too late to build your emergency kit, practice your evacuation routes and talk to your agent about the proper insurance coverage for your unique situation.
For more information on preparing for natural disasters visit the following:
Brad Hilliard (503) 428-4890.
State Farm and its affiliates are the largest provider of car insurance in the U.S. and is a leading insurer in Canada. In addition to providing auto insurance quotes, their 17,800 agents and more than 65,000 employees serve 81 million policies and accounts more than 79 million auto, home, life and health policies in the United States and Canada, and nearly 2 million bank accounts. Commercial auto insurance, along with coverage for renters, business owners, boats and motorcycles, is also available. State Farm Mutual Automobile Insurance Company is the parent of the State Farm family of companies. State Farm is ranked No. 43 on the Fortune 500 list of largest companies. For more information, please visit http://www.statefarm.com or in Canada http://www.statefarm.ca.