Uncategorized Archives - Recoop Insurance

The Damage Report: Unveiling the Top 10 Disaster-Prone States

Being prepared is the first step to protecting your loved ones, your home and your financial stability when disaster strikes. Severe weather can touch down at anytime, anywhere as it has only amplified in intensity and frequency over the last few years – leaving destruction in its wake. And while many homeowners and renters assume their traditional insurance policy has them covered after Mother Nature hits; they’d be surprised to know that their policy likely has major gaps that leave them having to fill it with their hard-earned emergency savings. At Recoop, we understand that the uncertainty of severe weather can be daunting, and that’s why we’re here to help. Our new series The Damage Report is designed to provide you with actionable, insightful and data-driven analysis of the top 10 states that faced the most disasters since 2000 according to the Federal Emergency Management Agency (FEMA). You may be [...]

admin_recoop2023-10-18T19:52:25+00:00Tags: home insurance, homeowner tips, natural disasters|

National Preparedness Month: It’s Time To Level Up Your Disaster Resiliency Plan

Every year, September marks National Preparedness Month, FEMA’s Ready Campaign and the Ad Council’s month-long movement to raise awareness about the importance of being ready for unexpected emergencies. While preparedness can encompass various aspects of life, at Recoop Disaster Insurance, we tend to look at it through the lens of home insurance and natural disasters. In this blog, we'll delve into why National Preparedness Month serves as a great reminder to have guardrails in place to build your home’s, your family’s and your bank account’s resiliency in the face of a disaster. Expect the Unexpected One thing you can count on is that Mother Nature can be unpredictable. We’ve seen rare west coast hurricanes, ice storms in the south and more, meaning no one is immune to severe weather. In fact, in the last 10 years, 88.5% of all U.S. counties declared a natural disaster – including 95% of the [...]

admin_recoop2023-09-07T19:38:10+00:00Tags: financial well-being, homeowner tips, insurance claims|

Florida Has a New Resident. Recoop Is Coming to the Sunshine State!

Our team at Recoop is thrilled to announce that we’re expanding our services into Florida as of July 28. This means that now homeowners and renters in 42 states (including Washington D.C.) have access to Recoop’s first of its kind multi-peril disaster insurance that picks up where traditional policies stop. This strategic expansion is not only a pivotal move for us but also the residents of Florida, as the state led the U.S. in 2022 by racking up $116 billion in damage caused by severe weather. Our expansion also comes on the heels of other insurance providers recently announcing that they’re moving out of the state or scaling back the policies they offer significantly in an attempt to limit their risk exposure. They have pointed to climate change as the major factor increasing the strength, severity and frequency of disasters such as hurricanes, which are a known peril to hit [...]

admin_recoop2023-08-09T21:36:12+00:00Tags: homeowner tips, hurricanes, natural disasters|

Peril Know-How: Stamping Out the Effects of Wildfires

In years past, wildfire season was largely thought of as a summer peril; however, the effects of climate change have many experts changing their tune by calling it a year-round concern. With that in mind, the threat of wildfires still looms over many homeowners’ heads during the hot, dry summer months. Wildfires are unpredictable and containing them can be extremely challenging once they start, burning through land and buildings quickly. This leaves not only destruction in their wake, but also hefty repair bills for homeowners. The U.S. experiences an average of almost 60,000 wildfires per year, which burned 7.6 million acres of land on average between 2018 and 2023 according to the National Interagency Fire Center. A recent State Farm report estimates that 4.5 million homes are located in areas at high risk for a wildfire. Since wildfires can impact almost anyone, it’s important to prepare for the physical, emotional [...]

admin_recoop2023-07-10T16:17:27+00:00Tags: homeowner tips, natural disasters, wildfires|

Save the Date: Reminder To Reevaluate Your Coverage for National Insurance Awareness Day

A holiday for insurance? Yep, you read that right. While you don’t get the day off work, National Insurance Awareness Day (June 28) serves as an important annual reminder to review your current policies in place, identify any potential gaps in your plans and update your coverage. This can give folks the peace of mind knowing they’re financially prepared for whatever Mother Nature throws their way in the next year. It’s especially important since natural disasters in 2022 totaled $165.1 billion in damages in the U.S. With household budgets already tight due to inflation, insurance policy gaps can leave homeowners left covering the costs where insurance falls short. And that can lead to financial ruin for many people across the country. Let’s take a closer look at homeowners and renters insurance this National Insurance Awareness Day with some practical tips on how to ensure you have the best policy in [...]

admin_recoop2023-06-09T18:19:13+00:00Tags: coverage gaps, homeowner tips, natural disasters|

Peril Know-How: Navigating an Unpredictable Hurricane Season

June marks the start of hurricane season, and every year hurricanes cause billions of dollars in damage and claim countless lives. With the six-month long hurricane season comes severe winds, rain and storm surge. This combination of devasting weather can spell destruction for many homeowners all across the Eastern Seaboard. In fact, many homeowners are still piecing their lives back together after the devastating effects of Hurricane Ian last year. The physical and economic damage caused by Hurricane Ian is estimated to have caused a total of $112.9 billion, placing the hurricane as one of the top five costliest in U.S. history. For Florida specifically, it’s estimated that Hurricane Ian will break records for the largest hurricane-related loss event to date. With the impact of storm like Hurricane Ian still top of mind, many homeowners across the eastern U.S. need to brace their homes – and their finances – for [...]

admin_recoop2023-05-15T13:35:54+00:00Tags: hurricanes, natural disasters|

Earth Day 2023

Escalating Climate Change Means More Severe Weather. Here’s How You Can Prepare While Keeping Sustainability in Mind Climate change is one of the most pressing issues facing our planet today. Its effects are widespread, but perhaps the most alarming is the increase in natural disasters. From hurricanes and storm surge to wildfires and tornados, the impact of climate change on our environment has led to a rise in extreme weather events that cause destruction. In 2022 alone, climate-fueled disasters cost the United States $165 billion in damages. It's no longer a matter of if – but when – disaster will strike. In fact, countries making up 90% of America’s population were affected by a federally declared disaster between 2011-2021 according to new report. This Earth Day (April 22) serves as a reminder of how climate change impacts the growing severity of natural disasters and why you should take sustainable steps [...]

admin_recoop2023-04-03T14:17:19+00:00

Women’s History Month: Celebrate the Women Leading the Disaster Recovery Charge

Recovering from any disaster takes a group effort. And throughout history, women have been at the forefront of helping their communities after disaster strikes. Research suggests that women are more inclined to stay put and not evacuate when Mother Nature is advancing, mainly because many women manage household responsibilities such as taking care of their family members like children and the elderly. Since severe weather impacts and disrupts women’s lives so greatly, it’s no surprise that many women are compelled to take matters into their own hands to help themselves, their families and their communities bounce back faster from disasters. In honor of Women’s History Month, let’s celebrate women leading the disaster recovery charge. Here’s a closer look at just some of the iconic women who began impactful disaster recovery movements, and the present-day women who are honoring their legacy. Clara Barton, founder of the American Red Cross: At the [...]

admin_recoop2023-03-10T21:15:02+00:00

Peril Know-How: Preparing for Uncertain Spring Weather

April showers brings May flowers, right? While springtime is full of regrowth, spring weather also brings uncertainty and challenges for homeowners. It’s an exceptionally unpredictable season because winter storms are rounding out and tornado season is rolling in – making it a time in which concurrent disasters are likely. In 2022, extreme weather across the U.S. caused $165 billion in damage. As temperatures fluctuate and storms occur, it's important to understand how these changes can impact your home and what you can do to prepare. Winter Storms Come to a Close Despite winter weather slowing down during springtime, it doesn’t mean homeowners are immune to quick shifts in the temperature that can bring snow, ice, freezing rain, flooding and more. The ferocity of winter storms can also take down trees and power lines, causing widespread power outages that significantly disrupt the lives of homeowners. Winter storms were responsible for almost [...]

admin_recoop2023-02-23T21:55:17+00:00Tags: homeowner tips, natural disasters|

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