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During National Preparedness Month: Don’t Wait

Don’t be caught off guard by your insurance coverage the next time a severe storm or hurricane hits. For National Preparedness Month in September, Insurance Commissioner Al Redmer, Jr. encourages all Marylanders be ready in the event of an emergency. 

“Although weather related events such as hurricanes tornadoes and flooding are beyond our control, you can take steps to prepare,” Commissioner Redmer said. “Read your insurance policy carefully to understand what is covered, what is excluded from coverage and what deductibles might apply.”

The Maryland Insurance Administration (MIA) plans a full month of tips on how you can be better prepared in the event of an emergency. Follow the MIA Facebook page for daily advice.

The MIA also offers these other ways to prepare for disaster:

Inventory your home. Whenever possible, take photos or videos to support any claim you may need to file later. Smartphone users can download a free home inventory application, myHOME Scr.APP.book, from the National Association of Insurance Commissioners.

Determine if you home is insured to its full replacement cost.

Keep your policy information in a waterproof, fireproof safe or off-site, such as in a safe deposit box, or scan it and save it to a flash drive that you keep in an emergency kit.

Consider purchasing flood insurance. Coverage is as low as $129 a year. Visit www.FloodSmart.gov or call 1-888-379-9531 to learn more.
Maryland has not had a major weather event since Super Storm Sandy in October 2013; don’t be lulled into a sense of false security. Maryland homeowners learned too late that flooding was not covered under their homeowners insurance policies. Following Hurricane Irene in 2011, some policyholders learned about special deductibles that can apply after major storms, sometimes adding thousands of dollars to the policyholder’s share of repair costs. Your insurance agent or insurance company can help to explain specifically what is covered by your policy and what is not.

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