About 10.6 million homes, or 8 percent of the 131 million homes in the U.S., have a “very high risk” of being struck by natural disasters, according to RealtyTrac’s Natural Disaster Housing Risk Report for 2014.
Are Your Investments Insured If the Ground Rumbles and the Wind Blows?
Natural disasters happen all of the time. Often in unexpected places. The east coast is still recovering from hurricane Sandy that happened more than a year ago. You may need to give some thought to your property insurance coverage. Many times, you’ve seen pictures on television of flooding caused by rivers, hurricanes, and other causes.
Record-Breaking Year for Natural Disasters in US
2011 has been a record-breaking year for the US in terms of natural disasters, with hurricanes, earthquakes, floods, wildfires and tornados all wreaking havoc this year. In fact, the disasters have been so commonplace that the current cost estimate for the damage is reckoned to be $52 billion, a total that is still growing, according