Natural Disasters in 2011 – Highest year on Record So FarSeptember 29, 2011
Did you know that 2011 has been the highest loss year on record after only six months? An article from PropertyCasualty360.com explains that the natural catastrophes that have occurred this year throughout the world have caused nearly $250 billion in losses! In the United States alone, economic losses total $27 billion, which is a 129% increase from the $11.8 billion losses in the beginning of 2010. The losses this year resulted from natural disasters like tornadoes and flooding throughout the United States.
One way to help your business and home reduce the amount of losses is to create a disaster plan. Know your evacuation options and what you will do in the event of a natural disaster. Also, contact Advanced Insurance Underwriters to speak with an insurance agent about properly insuring your risks!