December 18, 2018

What you need to know about dealing with disasters

"We all hope disaster won’t strike, but statistics show that most U.S. residents live in areas at risk for floods, earthquakes, hurricanes or other natural disasters. While you might not be able to avoid a disaster, you can reduce your financial risk by taking steps to insure yourself properly and by understanding how FEMA assistance can help, and where it could fall short."

"Consumer Action’s new Disaster Coverage educational module helps prepare homeowners and renters for the possibility that their home and possessions could be damaged or destroyed and that they could be displaced if their home becomes inhabitable."

In Homeowners and Renters Insurance: What you need to know before and after a natural disaster, readers learn which disaster losses are—and are not—covered under a standard homeowners or renters insurance policy, how to make sure they are adequately insured, what steps to take to recover their losses after disaster strikes, and what their options are if their insurance falls short.
https://www.consumer-action.org/modules/articles/disaster_insurance

In FEMA Spells Disaster Relief for Homeowners and Renters, readers learn about the types of FEMA assistance available, program eligibility and the application process. The publication also highlights the limitations of FEMA assistance and stresses the importance of purchasing adequate personal insurance coverage.
https://www.consumer-action.org/modules/articles/fema_assistance

"Consumer Action empowers low- and moderate-income and limited-English-speaking consumers nationwide to financially prosper through education and advocacy."
 
For more information about Consumer Action email info@consumer-action.org or call 800-999-7981.

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