Aside from gathering essential items and boarding up your windows, there are other ways you can prepare for a hurricane. With Hurricane Florence threatening the Carolinas with the potential to bring some wind and rain into Georgia, it is important that if you live in GA that you too are taking the necessary precautions and preparing as the storm could make a sudden turn or one of the others traveling closely behind it decides to make landfall in your state.
According to the Sun-Sentinel, Hurricane Helene and Hurricane Isaac are brewing out at sea and have the potential to build up into massive storms just as they suspect Hurricane Florence will so now is the time to prepare if you haven’t done so already. While it is recommended that you begin preparing months in advance, it doesn’t mean you cannot make some last-minute preparations so that your finances are in order in the event a storm is expected to hit. So, below we are sharing with you some important tips on how you can get your finances in order before a storm strikes.
It is important that you have enough cash on hand when preparing for a hurricane as you may not have access to an ATM or your bank. Consider your family size and your needs determiningrming how much to you should have.
- Accuweather.com recommends you start by building up an emergency fund. Ideally, you want to have “enough money to cover at least six to nine months of living expenses,” although this amount will differ for every household. While you do want to have this money in a place that you can access it, it shouldn’t be in an account that is used consistently as you risk spending these emergency funds. The source also highlighted that it would be a good idea to have a minimum of $300 cash on hand and that this money is stored somewhere safe. The fact is, after a hurricane hits, you won’t have access to an ATM or your bank so whatever amount you decide to take out and have on hand is what you will have until you can gain access to your bank account to retrieve more.
Although it is recommended that you save for at least six to nine months so that when storm does hit, you have the finances to cover the devastation along with the expenses you incurred as a result of it, because so many hurricanes are already brewing and you may not have managed to save enough to cover the recommended amount, now would be a good time to put some money aside or borrow from a friend or family member so you have it if you need it.
- Another recommendation the source gives is to keep a list of important account numbers and passwords handy.
- Build your own financial emergency kit. Some things FEMA recommends you keep in this kit includes flash drives, important documents, photos, property titles, Social Security cards, birth certificates, etc. You can view a list of some other important things that should be placed in your financial emergency kit by clicking here. The source also suggests you make a copy of any flash drives you have and send them to relatives so that if yours were to get damaged, your documents or photos wouldn’t be lost forever. Now, you will want to store this kit in a safe place but somewhere you can access it in the event of an emergency.
- Switch to direct deposit. If you receive your paychecks or any other form of income in the mail, you will want to find out if you can have your funds direct deposited. After a hurricane hits, the mail system is often thrown off track for a few days or even weeks depending on how severe it was so it is best you have your income being deposited into your bank account rather than having to wait until your employer or the government agency is able to send out your check.
- Review your insurance policy to be sure the coverage you have is what you actually need. After going through a hurricane or other type of natural disaster, the last thing you want to have to deal with is a denied insurance claim. So, to be sure you understand what your policy will and will not cover, review it now and contact an agent to make any modifications you feel are necessary so that you have the coverage you want and might need.
While we cannot predict how much damage a hurricane will cause, we can prepare ourselves for the worst and hope for the best. Aside from getting your finances in order, you should also be aware that following a storm, you might find that your insurance company is running slower and is taking longer to process claims. Therefore, if your home does sustain any sort of damage, whether it be from Hurricane Florence or any other threatening storm, it is suggested you allow a GA insurance claims attorney to help you get your claim filed and processed.
The aftermath of a hurricane can be stressful and overwhelming so why not take advantage of the help our Georgia insurance claim denial attorneys can provide so that this time is a little easier for you and your family to get through.