Severe weather events cause billions of dollars in damages each year, between hurricanes, fires, tornadoes, floods, earthquakes and severe winter weather. In fact on average, disasters cost $29 billion per year. What are the risks in YOUR state and city? How well prepared are you for a disaster? How can you be financially protected?
As we reach the 10th anniversary of Hurricane Katrina—the most costly insured catastrophe in the U.S.—Americans have become complacent about disaster preparedness. Too many homeowners, renters, and business owners underestimate their risk. And, many think they are saving money by buying as little insurance as possible or forgoing flood, earthquake or other important insurance coverage. This is a mistake. About one in 15 insured homes has a claim each year.On this episode of Business, Life and Coffee, Dr. Bob Hartwig, President and Economist of the Insurance Information Institute tells us how, 10 years later, businesses in New Orleans have bounced back from Hurricane Katrina and tips to secure your home and business from Public Enemy #1: Mother Nature. Article of the Week: Productivity Hacks: How to Get Twice as Much Done in Half the Time (American Express Open Forum)Visit www.businesslifeandcoffee.com for show notes and resources mentioned in this episode. Follow and chat with show host Joey Price on Twitter at www.twitter.com/JVPsaid. Show Sponsor: Jumpstart:HR, LLC | HR Outsourcing for Small Businesses and Start-Ups (www.jumpstart-hr.com)
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