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 thinking that this information doesn’t apply to you, but according to Forbes 95% of the 200 most populated counties in the U.S. have experienced at least one federal or state-declared natural disaster in the last decade. That’s millions of homeowners and renters, just like you.
The Damage Report is here to help empower you with the right knowledge so you can make informed decisions and protect what matters most.
Let’s break it down
The first step to preparedness is awareness. By tracking trends within the past decade’s disaster data, we can zero in on specific risks within the most disaster-prone states. We’re rolling out guides on each of these states so homeowners can take the necessary steps to:
- Create or update your severe weather preparedness plan
- Identify potential gaps in your traditional insurance policy
- Learn how you can better safeguard your family and home despite living in a high-risk area
- And/or bolster your financial resilience with disaster insurance so you can rebound faster after a natural disaster
Within our deep dives into the susceptible-to-disaster states, we’ll also highlight how many people have been impacted by these trends and what kinds of disasters are most prevalent there – from hurricane to wildfires to tornadoes and everything in between. Unearthing historical weather insights helps predict the future a little easier. That way, you can prepare your home and financials for what may lie ahead.
Your financial resiliency, our priority
We’ll also analyze these trends to offer guidance on what kind of supplemental disaster insurance policy could be best for you and your home. The unfortunate truth is that insurance only covers a fraction of what homeowners need after severe weather rolls through; Zillow estimates the average home is under insured by $54,000 (that’s a lot of dough).
Disaster insurance with Recoop is there to be a safety net. These flexible funds, up to $25,000, are designed to hit your bank account in a few short days – unlike traditional insurance claims – and to be used however you see fit to get your life back on course. That way, you’re not left holding the bag to pay for the rising cost of labor, high deductibles, temporary housing, childcare or whatever you need to get your life up and running after a disaster.
Your safety and peace of mind are our top priorities. We believe that knowledge helps drive preparedness, and The Damage Report is committed to equipping you with the information you need to safeguard your finances and your family.
Whether you live in a high-risk state or simply want to stay informed about the ever-changing landscape of natural disasters, we’ve got your back. Stay tuned for our first edition right here on the Recoop blog, where we’ll reveal the top disaster-prone state and break down the distinct weather challenges it faces. Together, we can navigate the uncertain future and protect what matters most.