Breaking down CoreLogic’s annual summary of natural hazards.
April 12, 2017
In late January, CoreLogic released its annual Natural Hazard Risk Summary and Analysis. According to their research, 2016 had “average or below-average activity for most U.S. natural hazards with the exception of flood and wind, both of which saw above-average activity, due in large part to Hurricane Matthew.”
In today’s society, it is rather rare to encounter someone who is doing something just to be nice. Our first thought is often that there must be another motive behind their actions – do they need a favor, did they do something wrong, are they about to deliver bad news?
Each year we spend billions of dollars to respond to and recover from disasters, large and small. This money ultimately comes right out of our pockets in the form of higher insurance premiums and taxes.
Hurricane Georgia left a trail of destruction that ravaged thousands of homes along the Atlantic coastline. In the days that followed, hundreds of restoration companies from all over the country mobilized resources to help put lives back together.
Catastrophe situations typically involve numerous flood claims, making for brisk business for restoration companies. When a property owner states they have insurance, it would be wise to clarify if it is going to be a standard property claim, or insurance through the National Flood Insurance Program (NFIP).
The next disaster is imminent. It always is. That might be a Debbie Downer attitude, but it’s the truth, especially when you think about disaster on a more local scale. While a hurricane can impact a dozen states and trigger an emergency declaration by the president, there are a lot of small communities that face their own disasters much more frequently.
In recent years, several new disinfectant technologies have gained attention in the restoration/remediation industry, so it might be time to reevaluate your current go-to disinfectant to be sure you are using the best, most appropriate tool for the job.