natural disasters Archives - Recoop Insurance

Weathering the Storm: Tips for Creating a Severe Weather Emergency Kit

When disaster strikes, being sufficiently prepared for an emergency can minimize danger and put you on good footing towards the road to recovery. Having an emergency kit that is easily accessible can provide the gift of time and confidence to better ensure your family’s safety and fortify resilience against looming severe weather events. In this post, we’ll discuss what true preparedness looks like, the elements of a good emergency kit, and how you can achieve peace of mind for your household. Why You Need an Emergency Kit Whether you live in a disaster-prone area or reside in milder climates, emergency kits can be a lifesaving resource for everyone. Furthermore, in today’s evolving weather landscape, it is crucial to build a comprehensive emergency kit that can ensure you’re equipped for any type of severe weather. Recoop’s Damage Report series found that many states experience a diversity of perils throughout the seasons. [...]

Flynn Wright2024-10-01T16:41:18+00:00Tags: homeowner tips, natural disasters, severe weather|

Understanding Your Insurance Coverage: Homeowners vs. Renters

Natural disasters strike without warning and without discrimination, plaguing homeowners and renters alike. A recent report from Realtor.com found that nearly half of all homes in the U.S., 44.8%, are at risk of damage from environmental threats. When it comes to protecting your property from severe weather, having insurance coverage is crucial. However, the type and extent of coverage can vary depending on whether you rent or own your home. In this post, we’ll discuss the differences in insurance coverage for homeowners versus renters, and how supplemental disaster insurance can provide peace of mind for both. Homeowners Insurance Homeowners insurance is designed to protect the policyholder’s investment from a variety of risks, typically including coverage for: Dwelling Protection: This covers the physical structure of your home and means that if a disaster such as a fire or storm damages it, your insurance provider can help cover the repair and rebuilding [...]

Flynn Wright2024-09-18T16:20:33+00:00Tags: home insurance, homeowner tips, natural disasters|

Peril Know-How: Building Sturdy Foundations for Earthquake Preparedness

Earthquakes strike without warning, leaving wide-ranging destruction in their wake. Preparation is the key to minimizing risk and protecting your loved ones from this unseen and unpredictable threat. Here are some essential tips for ensuring your safety before, during, and after an earthquake. Understanding Earthquakes Earthquakes occur when tectonic plates shift along the earth’s surface, releasing energy in the form of seismic waves that can cause the ground to shake. As extreme as that sounds, earthquakes occur quite frequently and are often weak enough to go unnoticed. In 2023 alone, the U.S. recorded 89,707 earthquakes across the country (Volcano Discovery). Earthquakes are most prevalent in the West (specifically California, Nevada, Washington, Wyoming, Idaho, Montana, and Utah), as well as Alaska and Hawaii due to their prime location atop major fault lines. However, no region in the U.S. is entirely immune from quakes, as is evidenced by the recent earthquake that [...]

Flynn Wright2024-08-01T15:33:43+00:00Tags: homeowner tips, natural disasters, severe weather|

Navigating the World of Disaster Insurance: A Guide for First-Time Homeowners

Congratulations on becoming a homeowner! Owning a home is a significant achievement that comes with a sense of security and pride. However, homeownership also comes with its share of responsibilities and risks. One aspect of protecting your new investment is understanding and securing the right insurance coverage for you. In this blog, we’ll review tips for selecting your new policy and reasons to consider supplemental disaster insurance. Tips for First-Time Homeowners Assess Your Risk: Did you know that nearly one in four U.S. adults say they don’t have emergency savings and that there were a record 28 weather and climate disasters (costing $1B each) in 2023? Research the natural disaster risks most likely to affect your area and prioritize supplemental insurance accordingly to support your emergency savings. Compare Policies: More than 70% of disaster damage from the past 10 years has not been covered by insurance. Compare different insurance providers, [...]

Flynn Wright2024-07-02T19:21:49+00:00Tags: home insurance, homeowner tips, natural disasters|

Peril Know-How: Preventing Gas Explosions Starts at Home

A report from the Public Interest Research Group, found that every 40 hours, a gas pipeline incident occurs somewhere in the U.S. The frequency of these events may not come as a surprise when you factor that in 2020, 61% of American households relied on natural gas for at least one energy use (U.S. Energy Information Administration). Natural gas explosions often begin with gas leaks, as escaping gas mixes with outside gases (like hydrogen), resulting in explosions that devastate homes, destroy possessions and injure people. With so much at stake, it is imperative to learn more about practices to protect your home and loved ones from a potential gas explosion event: Install Natural Gas Detectors Natural gas is colorless, odorless and tasteless, so it is crucial to have detectors in your home to alert you of any leaks. Be sure to monitor your detection equipment regularly to ensure the units [...]

Flynn Wright2024-04-05T15:59:45+00:00Tags: homeowner tips, natural disasters|

Be Informed, Be Prepared: Top Resources for Staying In-the-Know About Severe Weather

While hurricanes and blizzards may come with some fair warning, many natural disasters strike with little to no warning at all. Depending on where you reside in the United States, different types of disasters can impact your area throughout the year. The Great Plains aren’t likely to see a hurricane any time soon and tornadoes may be scarce in Alaska, but that doesn’t mean they’re free from the negative impact that comes with adverse weather. From 2011 to 2021, 90% of all counties in the United States, representing 93% of the country’s total population, suffered a weather disaster. And because many disasters can be interconnected, it’s wise to be wise about weather patterns happening throughout your region. Because Recoop Disaster Insurance is here to protect your family and your finances after disaster strikes, we wanted to share top tools to help you stay tuned into what could be coming your [...]

Flynn Wright2024-03-12T18:25:20+00:00Tags: natural disasters, severe weather|

What to Expect After Disaster Strikes

Those who have first-hand experience with natural disasters know how their impact can last well after immediate trouble has passed. Once you navigate the hurdles nature has thrown your way, attention promptly turns to getting everything back together so you can fully recover as quickly as possible. We often emphasize the preventative actions we can take in preparing for severe weather events, but what you do after disaster strikes is just as important. Let’s raise the curtain on the road to recovery after disaster strikes. Disaster Struck. Now What? Before all else, make sure that your loved ones are safe. This initial period will entail checking in on friends and family and seeking out temporary lodging if needed. Once you’ve secured your community and needs, you can begin the process of physical and financial recovery. Assess the Damages: If it is safe to do so, go around your house and [...]

Flynn Wright2023-11-30T15:59:55+00:00Tags: home insurance, homeowner tips, natural disasters|

The Damage Report: Unveiling the Top 10 Disaster-Prone States

Being prepared is the first step to protecting your loved ones, your home and your financial stability when disaster strikes. Severe weather can touch down at anytime, anywhere as it has only amplified in intensity and frequency over the last few years – leaving destruction in its wake. And while many homeowners and renters assume their traditional insurance policy has them covered after Mother Nature hits; they’d be surprised to know that their policy likely has major gaps that leave them having to fill it with their hard-earned emergency savings. At Recoop, we understand that the uncertainty of severe weather can be daunting, and that’s why we’re here to help. Our new series The Damage Report is designed to provide you with actionable, insightful and data-driven analysis of the top 10 states that faced the most disasters since 2000 according to the Federal Emergency Management Agency (FEMA). You may be [...]

Flynn Wright2023-10-18T19:52:25+00:00Tags: home insurance, homeowner tips, natural disasters|

Florida Has a New Resident. Recoop Is Coming to the Sunshine State!

Our team at Recoop is thrilled to announce that we’re expanding our services into Florida as of July 28. This means that now homeowners and renters in 42 states (including Washington D.C.) have access to Recoop’s first of its kind multi-peril disaster insurance that picks up where traditional policies stop. This strategic expansion is not only a pivotal move for us but also the residents of Florida, as the state led the U.S. in 2022 by racking up $116 billion in damage caused by severe weather. Our expansion also comes on the heels of other insurance providers recently announcing that they’re moving out of the state or scaling back the policies they offer significantly in an attempt to limit their risk exposure. They have pointed to climate change as the major factor increasing the strength, severity and frequency of disasters such as hurricanes, which are a known peril to hit [...]

Flynn Wright2023-08-09T21:36:12+00:00Tags: homeowner tips, hurricanes, natural disasters|

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