WHAT TO KNOW AND DO TO PROTECT YOUR PROPERTY THIS HURRICANE SEASON
Although the Atlantic hurricane season officially began on June 1, peak hurricane season – the most active and dangerous time for tropical cyclone activity –runs from August through October. Homeowners and business owners alike need to be prepared as the number of tropical storms and hurricanes likely to develop this season has increased, according to Colorado State University’s (CSU) updated August 4 forecast.
Dr. Philip J. Klotzbach, Research Scientist in the Department of Atmospheric Science at CSU, who heads up itsTropical Meteorology Project, will discuss the latest forecast and the potential storm development in the Atlantic. Dr. Klotzbach will also discuss hurricanes from a historical perspective and what can be learned. The costliest insured losses due to Hurricanes in recorded U.S. history include:
1. Katrina, 2005, $41.1 billion; 2. Hurricane Andrew, 1992, $15.5 billion (24.4 billion in 2016 dollars); 3. Sandy, 2012. $18.7 billion; 4. Ike, 2008, $12.5 billion
Joining Dr. Klotzbach will be Sean Kevelighan, CEO of Institute of Insurance Information (I.I.I), to discuss how hurricane complacency can lead to devastating consequences and why a commitment to preparedness and resiliency can offset disaster.
The number one natural disaster in the U.S. is flooding. Even a weak tropical storm can cause major flooding, particularly if it moves slowly. More than 20 percent of flood insurance claims come from areas in low-to-moderate-risk flood zones. Flooding can happen anywhere. Learn how you can protect your home, business and possessions with the right type and amount of insurance.
Related links: Insurance Information Institute