WASHINGTON – May 2, 2011 – Hurricane season starts in one month. Since flood insurance typically comes with a 30-day waiting period to become effective, it’s time to sign up.
Federal Emergency Management Agency (FEMA) officials urge U.S. residents to prepare their homes and businesses for the heightened flood risks associated with hurricanes and tropical storms.
Hurricanes caused eight of the top 10 most expensive declared disasters, but many U.S. residents still lack insurance protection against flood damage, causing them to absorb financial losses or seek limited funding from other sources to rebuild or repair after a storm.
read their views at
http://www.floridarealtors.org/NewsAndEvents/article.cfm?id=259399
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My take on Hurricanes:
Better construction is necessary. We have the tech to prevent massive damage in Hurricanes and Tornado's. Cars and Trucks should be tied down to prevent them Flying into peoples property.
I am sure that FEMA will come out soon that this Hurricane season of 2011 is going to have x number of storms.
What do I say? Very Few Hurricanes or tropical storms. Maybe Category 1, 2 tops. Nothing major and I doubt they hit the USA. People who Know me and we have talked about this know I have been right for the last 5 years running. I do think Next year, 2012, we will have cat 2&3s. Now 2013 should be interesting. I am putting this out there way in advance I know. 2013 I am thinking 3&4s and yes maybe 5s. 2014 Hold on and increase your premiums, I think we will have a few major ones.
Back to 2011 lots of rain no major storms. I will make better predictions in Dec -Jan. That's Right 6 months ahead of FEMA and My accuracy is better.
I will not mess with my insurance this year. I will reevaluate it next year. Defiantly increase coverage in 2013 and increase it again 2014.
It is always good to have coverage. Only go with companies that don't complain about hurricanes or being in Florida. Insurance is like gambling. Whats you bet?
Federal Emergency Management Agency (FEMA) officials urge U.S. residents to prepare their homes and businesses for the heightened flood risks associated with hurricanes and tropical storms.
Hurricanes caused eight of the top 10 most expensive declared disasters, but many U.S. residents still lack insurance protection against flood damage, causing them to absorb financial losses or seek limited funding from other sources to rebuild or repair after a storm.
read their views at
http://www.floridarealtors.org/NewsAndEvents/article.cfm?id=259399
----------------------------
My take on Hurricanes:
Better construction is necessary. We have the tech to prevent massive damage in Hurricanes and Tornado's. Cars and Trucks should be tied down to prevent them Flying into peoples property.
I am sure that FEMA will come out soon that this Hurricane season of 2011 is going to have x number of storms.
What do I say? Very Few Hurricanes or tropical storms. Maybe Category 1, 2 tops. Nothing major and I doubt they hit the USA. People who Know me and we have talked about this know I have been right for the last 5 years running. I do think Next year, 2012, we will have cat 2&3s. Now 2013 should be interesting. I am putting this out there way in advance I know. 2013 I am thinking 3&4s and yes maybe 5s. 2014 Hold on and increase your premiums, I think we will have a few major ones.
Back to 2011 lots of rain no major storms. I will make better predictions in Dec -Jan. That's Right 6 months ahead of FEMA and My accuracy is better.
I will not mess with my insurance this year. I will reevaluate it next year. Defiantly increase coverage in 2013 and increase it again 2014.
It is always good to have coverage. Only go with companies that don't complain about hurricanes or being in Florida. Insurance is like gambling. Whats you bet?
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