Much of the news this week has been focused on Hurricane Sandy and the related damage up and down much of the Eastern part of our country. We’ve had several clients effected in various ways and our thoughts are with those of you directly or indirectly impacted by the storm.
For better or worse, these types of events often serve as the nudge we might need to review certain important, but not urgent aspects of our plan. Property insurance often falls into this category. It might be a good time to take a moment to review your policies and ensure that you understand your coverage and the potential costs of any gaps.
ABC News produced an informative piece entitled Six Myths and Facts about Flood and Storm Insurance that speaks specifically to the types of pitfalls to avoid with a storm like Sandy.
If you do have any questions about your coverage, please let us know. Ensuring that your assets are properly protected is an essential part of your overall financial plan.
Have a safe and Happy Halloween!