Financial Preparedness
Disaster preparedness involves more than just storing water and gathering supplies, you also need to be financially prepared. Starting now will help you get back on your feet faster after a disaster, such as a flood. Make sure you have proper insurance coverage, and a way to access important records and accounts. Here are some tips on getting financially prepared from Ready.gov : 4 Steps to Financial Preparedness 1. Compile Important Documents - Create an Emergency Financial First Aid Kit (EFFAK). This kit includes 4 sections of documents: household identification, financial and legal documentation, medical information, and household contacts. You can download the checklists at Ready.gov . 2. Review Your Insurance - If you own your own home, you'll want to make sure your homeowner's policy is up-to-date. Also, be sure that you know everything that is or isn't covered under your policy. Most of the time you will need a separate policy to cover flooding. If you rent,...