Invest in House Insurance before Hurricane Season Hits

Now may be the time to invest in house insurance in light of recent predictions that there will be at least 12 hurricanes along the East Coast this season.

The Insurance Information Institute recently urged homeowners to be prepared for hurricane season, which typically gets underway in the early to mid-summer and lasts through the fall.

Citing data from two Colorado State University scientists, the organization notes that at least six hurricanes and two storms are statistically likely to reach "major" status with winds at Category 3 or higher. The scientists based their figures on expectations of a weak El Nino weather pattern that could result in more hurricane activity along the East Coast as opposed to the Gulf Coast.

"Forecasts of an average season should not lead to complacency. An average hurricane season was also forecast in 1992 when Hurricane Andrew destroyed much of South Florida, causing more than $23 billion (in 2008 dollars) in property losses. The time to prepare is now," said the institute's consumer spokesperson Jeanne Salvatore.

According to the organization, residents in coastal areas from Maine to Texas should be ready to deal with hurricanes this year. Along with securing emergency supplies, keeping a copy of one's house insurance policy handy is a good place to start.

For more on homeowner's insurance prices that won't blow you away, visit InsureMe.com.

ShareThis