Flood insurance checkup

Hurricane Florence is not your average storm.  As it will undoubtedly devastate the area where it makes landfall, it will also wreak havoc along the east coast.  Some are already calling it a historic storm.  Flooding is expected not just along the coast, but also well into the mainland due to heavy rains.  Even my local county (Montgomery County) is bracing for persistent heavy rain even though we are in central MD. In its aftermath, hurricane Florence will be another reminder for Congress to act on a long-term reform of the National Flood Insurance Program.

The National Flood Insurance Program was created 1968 as a result of the aftermath of hurricane Betsy.    After the 1965 hurricane ravaged the gulf coast, Congress realized that flood insurance should be affordable and widely available to home owners, tenants, and businesses.  The National Flood Insurance Program provides coverage associated with hurricanes, tropical storms, and heavy rains.  Like other Federal programs, Congress funds the program.  However, in recent years, Congress has appropriated short term extensions for the program.  The current extension provides funding through November.

National Association of Realtors President Elizabeth Mendenhall, issued a statement regarding the impending storm and a plea to Congress to act on reforming the National Flood Insurance Plan.  Mendenhall stated in the September 11th press release that there are an estimated 750,000 homes at risk from a coastal storm surge.  Furthermore, there is the potential of an estimated $170 billion of property damage just in the Carolinas and Virginia (nar.realtor).

Representing the National Association of Realtors, Mendenhall urges Congress to pass a long-term National Flood Insurance Plan by pointing out that “Flooding is the most common disaster in the United States, one that affects Americans in communities both coastal and inland every year.” She is correct to say, “In these times, we are reminded of the importance of peace of mind for property owners with access to quality and affordable flood insurance.

FEMA’s Flood Smart (floodsmart.gov) portal is where you can find more information about flood insurance and protecting your home before and after a flood.  Before a storm like Florence, you can reduce your risk by preparing.  FEMA offers suggestions for flood prepping, which includes (but not limited to): elevating critical utilities; ensuring your sump pump is working and has a battery back-up; install a water alarm in your basement; clear debris from gutters and down spouts; store irreplaceable documents (such as birth certificates, passports, etc.) in a safe, dry place; and of course, build an emergency supply kit that is ready to go when you are.  Your emergency kit should minimally include non-perishable food, bottled water, first aid, medicines and a battery-operated radio.  Ready.gov has checklists and additional preparedness information, including building your emergency supply kit.

It’s also recommended to make an inventory of your valuables so as to make filing insurance claims easier.  Additionally, know your flood risk level by checking FEMA’s interactive flood map (msc.fema.gov/portal/search).

FEMA warns home owners that regardless of your risk zone, flood insurance may be a necessary add-on to your homeowners’ insurance policy.  Even if you live in low or moderate flood risk area, you are five times more likely to experience a flood in your home than a fire.  Don’t assume your homeowners’ insurance policy covers flood damage.  Even if you have a flood rider, your coverage may be limited.  Review your policy with your insurance agent to determine if you have flood coverage as well as its limitations.

Original published at https://dankrell.com/blog/2018/09/12/flood-insurance-checkup/

By Dan Krell.          Copyright © 2018.

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Protected by Copyscape Web Plagiarism DetectorDisclaimer. This article is not intended to provide nor should it be relied upon for legal and financial advice. Readers should not rely solely on the information contained herein, as it does not purport to be comprehensive or render specific advice. Readers should consult with an attorney regarding local real estate laws and customs as they vary by state and jurisdiction. Using this article without permission is a violation of copyright laws.

National Preparedness Month

National Preparedness Month
National Preparedness Month (from Ready.Gov)

September is National Preparedness Month!  Being prepared is not just having a “bugout” bag at the ready.  Preparedness is about taking stock to ensure safety for yourself and family in various conditions.  When you hear “preparedness,” you may automatically think of disaster or national emergency.  But it’s also about coping with various local emergencies including: weather, active shooter, hazardous materials, chemical, cybersecurity, and power outages.

FEMA encourages Americans to be prepared to prepare for and respond to all types of emergencies, including natural disasters and potential terrorist attacks.  National Preparedness Month is FEMA’s focused outreach effort to educate and empower everyone through local and online events (https://www.ready.gov/september).  National Preparedness Month activities are occurring throughout the country.  In Montgomery County MD, local National Preparedness Month activities are coordinated through the County’s Office of Emergency Management and Homeland Security.

Preparedness in your home starts with maintenance.  Proper home maintenance can not only help mitigate a disaster, but also prevent one as well.  Regular maintenance of the home’s systems is obviously suggested.  However, there are specific emergency related recommendations to help you in your home, which include: testing smoke alarms monthly, replacing smoke alarms every ten years, and knowing how to shut off your home’s utilities.  Additionally, to prevent a chimney fire, you should have your fireplace and chimney inspected and cleaned annually by a qualified and reputable professional.

Information is key to getting through an emergency.  If you have a cell phone, you may receive “Wireless Emergency Alerts” through the Integrated Public Alert Warning System, which includes amber alerts, weather alerts, and notifications from the Emergency Alert System.  However, localities also have there own alert systems.  Here in Montgomery County MD, the Montgomery Alert system can inform you of local government and school information, weather alerts, as well as traffic and infrastructure issues (montgomerycountymd.gov/OEMHS/AlertMontgomery).

National Preparedness Month
FEMA Preparedness Checklist (from ready.gov)

Do you have an emergency plan?  You should have a plan in case an emergency occurs in and out of the home.  Take time to update your home fire evacuation plan, and practice it with a family fire drill.  Choose a family rendezvous point in case an emergency occurs during work/school hours and the home is inaccessible.  Because cell phones are not reliable during emergencies, alternate means of communication should be considered.  Create a family communication plan by including: family contact information, family physician, medical facility information, and an out-of-town point of contact.

Is your homeowner’s insurance adequate?  The aftermath of recent hurricanes and floods have demonstrated that home owners with proper insurance coverage recover from those disasters quicker.  Insurance and emergency experts recommend to regularly review your insurance policy with your agent to ensure that the replacement costs of your home and possessions are covered.  Coverage varies depending on the policy.  Experts recommended to discuss flood and disaster insurance with your insurance agent.

As for the “bugout” bag… It’s recommended that you have an emergency kit in the home and in your car.  A basic kit should be able to get you and your family through 72 hours of an emergency.  However, extreme emergencies have revealed that infrastructure can be disrupted for weeks.  Many experts encourage having an expanded home emergency kit to last at least two weeks in case of a prolonged lack of infrastructure.

Learn more about National Preparedness Month at FEMA’s Ready.gov (ready.gov/September).  Ready.gov provides detailed information about preparedness for yourself, your family and your home, including assembling an emergency kit.  Local preparedness information in Montgomery County MD can be obtained from Montgomery County’s Office of Emergency Management and Homeland Security (montgomerycountymd.gov/oemhs).

Original located at https://dankrell.com/blog/2018/09/05/national-preparedness-month/

By Dan Krell
Copyright © 2018.

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Disclaimer. This article is not intended to provide nor should it be relied upon for legal and financial advice. Readers should not rely solely on the information contained herein, as it does not purport to be comprehensive or render specific advice. Readers should consult with an attorney regarding local real estate laws and customs as they vary by state and jurisdiction. Using this article without permission is a violation of copyright laws.

Protect your home before disasters and emergencies happen

Protect your home before disasters and emergencies happen

by Dan Krell © 2012

Protect your homeUnlike recent years, when we experienced blizzards, earthquakes, and hurricanes, this year’s weather has been mild thus far – that is until last week. Although the disasters and emergencies we typically experience are usually local and often weather related; disasters/emergencies can also originate from other sources, such as: power outages, terrorism, wildfires, civil unrest, earthquakes, and pandemic health concerns. Even though we had some warning of the approaching storm, the after effects emphasize the need for preparedness.

If you don’t yet have a plan (or would like to update your current plan), preparedness information is available through Federal Agencies such as the Federal Emergency Management Agency (FEMA.gov), the Department of Homeland Security (dhs.gov), and the Centers for Diseases Control (cdc.gov), and Citizen Corps (citizencorps.gov) .

FEMA’s “Are You Ready? An In-depth Guide to Citizen Preparedness” is a comprehensive source on individual, family and community preparedness. In addition to the pamphlet, there is an interactive guide with the focus “on how to develop, practice, and maintain emergency plans that reflect what must be done before, during, and after a disaster/emergency to protect people and their property” (www.ready.gov/are-you-ready-guide).

Montgomery County’s Office of Emergency Management and Homeland Security offers advice on planning and preparing a disaster kit, as well as recommending to sign up for “Alert Montgomery,” which can alert you to emergencies by text messages, twitter, email and other devices (www.montgomerycountymd.gov/oemtmpl.asp?url=/content/homelandsecurity/index.asp).

Preparing for disaster/emergency also includes making sure your property insurance is adequate. Having the proper coverage may help you recover from a disaster quicker than those without coverage. Experts recommend that you review your home owners’ policy with your insurance agent (or insurance company representative) to make sure your coverage is up to date and is able to replace your home and/or possessions in case of a catastrophic loss.

Protect your homeAdditional recommendations to mitigate damage from weather related disaster/emergency come from the American Insurance Association (aiadc.org). Your home can be prepared by ensuring that doors and windows are secure; ensuring that exterior doors should have at least three hinges and a deadbolt length of at least one inch; replacing older garage doors and windows for systems that are certified for wind and impact; consider storm shutter installation; repairing any cracks or leaks around windows, doors, roof, exterior walls and foundation; ensuring that gutters and downspouts are secure and can drain water at least five feet from your home; inspect the roof and repair if necessary; remove loose debris from around the home; remove dead or dying trees and shrubs; trim back tree limbs from your home’s exterior and roof; compile an inventory of your home’s contents by taking pictures or video.

Recognize your risks and plan accordingly. FEMA offers mitigation and risk planning resources such as: flood maps, loss mitigation software, and the risk management series. Along with these resources, FEMA offers specific advice on protecting your home or business from natural disasters, earthquakes, fire, flood and high winds (www.fema.gov/plan/prevent/howto/index.shtm).

And if you’ve yet prepared for the Zombie Apocalypse, the Centers for Disease Control and Prevention remarks that “it’s better to be safe than sorry.” The CDC offers “Preparedness 101: Zombie Apocalypse:” preparedness for the Zombie Apocalypse and real emergencies (blogs.cdc.gov/publichealthmatters/2011/05/preparedness-101-zombie-apocalypse).

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This article is not intended to provide nor should it be relied upon for legal and financial advice. This article was originally published in the Montgomery County Sentinel the week of July 2 , 2012. Using this article without permission is a violation of copyright laws. Copyright © 2012 Dan Krell.

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