“Floridians can’t take this lightly and should protect themselves and their property from damage,” said CFO Jimmy Patronis. “Hurricane Irma last year resulted in 1,778 private flood insurance claims and according to the National Flood Insurance Program, floods in Florida have cost more than $5.1 billion since 1978. Taking steps now can help prevent major losses.”

 

Ahead of the weekend, here are three financial and insurance preparation steps Floridians should complete as soon as possible:

 

1. Snap a Photo: Take photos or video of high-value belongings, gather receipts and write down purchase dates (if known) and serial numbers.

 

2. Prepare Your Home: If it is safe to do so, take simple steps to secure your home or property. Prepare sandbags and secure any leaks or areas of your home where tropical rains or sitting water could be problematic. Some communities will offer free sandbags beginning today so check with local government officials for more information.

 

3. Keep Info Handy: Save your insurance company’s or agent’s phone number along with your financial institution and mortgage company’s contact information for ease of filing future claims. Keep copies of policies in a plastic bag for safe keeping, and be sure to follow your insurance company on social media for important storm-related information.

 

All homeowner’s insurance policies contain limitations and exclusions. You may need a separate policy for windstorm or flood if these coverages are not included in your homeowner’s policy. It is important to review your policy to understand your coverages and exclusions. While every insurance policy is different, some homeowner’s insurance policies may not cover flood damage.