News & Publications
Doing our best to help educate you and provide temporary housing when in need.
National Flood Insurance Program (NFIP)
Insurance Journal, 01.01.2020
NFIP rates are based on averages within very broad flood zones, and the averages are influenced by high losses on a relatively small proportion of policies. Many insurers are not equipped to retain the risk of a catastrophic flood and need to re-insure most of the risk. However, this will drive up the cost of their existing reinsurance programs with new catastrophic peril or reduce their capacity to write other perils.
April's Tornadoes Cost Insurers Billions in Claims
Aon/ Impact Forecasting, 05.08.2020
In April there were 14 killer tornadoes across the U.S. Mainly in the Midwest, Southeast, and Mid-Atlantic. Throughout the month of April there were at least 30 tornadoes recorded. As these tornadoes swept through the nation it brought many other disastrous complexities. For instance flash flooding, dangerous hail size, damaging winds, and lighting strikes that caused fires. These events cost billions of dollars in repairs and in rebuilding facilities.
New York Times Magazine July 20, 2020
Hurricane Hanna went from a tropical storm to a category 1 hurricane on Saturday July 25, 2020. Hit the southern coastal region of Texas. Last hurricane that hit that area was in 2017 Hurricane Harvey. Hurricane Hanna had wind speeds of 90 m.p.h; that ripped off roofs, mangled trees, cause power failure and effected 32 counties.
Read more about Hurricane Hanna's destruction by clicking on our read more link.
Financial Magazine, January 1, 2020
If you are a renter you; we recommend getting renters insurance. In case of a fire, theft, or natural disaster occurs you and your belonging are covered. You don't want to pay what you lost 100% out of pocket.
Allstate, Copyright 2020
If a strong storm roars through, you may find your siding damaged by hail and shingles that the wind ripped off the roof. Homeowners insurance typically covers wind damage. Coverage also usually includes damage from hail, wind-driven rain or snow that gets inside the home when a roof or wall is damaged due to wind.
After a Disaster What To Do!
USA Gov, Copyright 2020
When a natural disaster occurs there is a lot to do and think about. 2020 has seen a lot of natural disaster all across the country. If you have not been affected think to check on your friends and family. This is a good time help them out and reach out for support of any kind. You or your friend or family does not have to worry about where they are going to sleep that evening. Call your homeowners insurance they will help and asses the situation and call people like us to help find you temporary housing so you don't have to worry about that.
For more tips please click read more to read the full article.