When it comes to winter here in the northeast, ice and snow are as inevitable as the sunrise and sunset. Every homeowner knows the headaches that can accompany those forces of nature. In fact, one in every 50 insured homeowners files a claim related to water damage or freezing every year according to the Insurance Information Institute.
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If you live or vacation on the Atlantic coast, you’re no stranger to inclement weather. And you know June through November is hurricane season, with disaster always just one storm away. Yet things seem oddly quiet this year. Before this hurricane season started, the National Oceanic and Atmospheric Administration (NOAA) predicted a 75 percent chance the season would be average or above average. But with little happening so far, NOAA has downgraded its predictions and now expects the season to be less severe.
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When Hurricane Sandy hit in October 2012, it impacted 24 states, including the entire eastern seaboard from Florida to Maine and as far west as Michigan and Wisconsin. It damaged hundreds of thousands of homes and businesses, forced thousands of people into shelters, and wreaked havoc on vital infrastructure. Overall damage estimates in the U.S. are around $65 billion, making Sandy the second costliest hurricane in U.S. history after Katrina.
Tags: New York insurance, New York homeowners insurance, flood insurance, homeowners insurance, Sandy recovery
