TAMPA, Fla., June 5, 2018 – (RealEstateRama) — The 2018 Atlantic Hurricane Season officially began on June 1 and we have already experienced one named cyclone in what is expected to be a very active season which runs through Nov. 30.
Subtropical storm Alberto, which impacted areas from the Gulf Coast through the Midwest last week, is a strong reminder that now is the time for home and business owners to prepare for tropical storms, devastating hurricanes and other severe summer weather. Guidance on how to strengthen your property and prepare for fierce summer storms is available from the Insurance Institute for Business & Home Safety (IBHS).
“Before the next storm strikes, take a walk around your property,” said Roy Wright, CEO and president of the Insurance Institute for Business & Home Safety. “Look for and arrange repairs to loose shingles, siding or fencing. Trim trees away from your home and clear gutters and drains of debris so rain water can move away. These and other simple steps will help prepare your home or business and will save you time, energy, aggravation and money after the storm passes.”
The National Oceanic and Atmospheric Administration (NOAA) forecast calls for 10 to 16 named storms, with five to nine hurricanes. NOAA’s outlook indicated one to four hurricanes could become major (Category 3 or higher) with sustained winds in excess of 110 MPH. This follow’s 2017 extremely active season, which resulted in more than $200 billion in property losses across the U.S.
“Preparedness is the key to mitigating risks for everyone in hurricane-prone areas,” Wright added. “Protect your property through maintenance and monitoring, and with flood insurance if you live in an area prone to flooding. If you live or own property along any waterway, flood insurance is something you should strongly consider.”
Wright also emphasized there is a 30-day waiting period for new flood insurance policies to become effective for homeowners and business owners after they are bound by your insurance carrier.
About the Insurance Institute for Business & Home Safety (IBHS) IBHS’ mission is to conduct objective, scientific research to identify and promote effective actions that strengthen homes, businesses, and communities against natural disasters and other causes of loss.