Are you Financially Prepared for an Emergency?

9/19/2017 (Permalink)

September Is National Preparedness Month

This year's theme for National Preparedness Month is "Disasters Don't Plan Ahead. You can". You may have created an evacuation plan for your family and employees, but are you financially prepared for an emergency?

Follow these steps to help you financially plan for a disaster:

1- Gather all important financial documents 

• Insurance documents for home and vehicles 
• Mortgage or real estate deeds
• Vehicle registration
• Utility bills
• Credit card bills
• Tax statements 
• Retirement account documents 
• Estate planning documents

2- Try to build a specific emergency savings account  

3- Review your insurance policies with your agent 

• Do you have flood coverage for your home?
• Do you have full coverage on your vehicle in case of flooding or excessive wind and hail damage?

Take some time this month to make sure you, your family, and your business will be financially safe in the event of a hurricane or other natural disaster. For more information on National Preparedness Month click here.