Close Menu
Insurance Journal – Property Casualty Insurance News

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Zurich Insurance Acquires BOXX Insurance to Enhance Cyber Risk Management

    July 4, 2025

    Pennsylvania Department of Banking and Securities Hosts Free Financial Education Events

    July 4, 2025

    Citizens Insurance Requests 15% Rate Hike for 2026

    July 4, 2025
    Facebook X (Twitter) Instagram
    Insurance Journal – Property Casualty Insurance NewsInsurance Journal – Property Casualty Insurance News
    Facebook X (Twitter) Instagram
    SUBSCRIBE
    • Home
    • Business Insurance
    • Identity Protection
    • Life Insurance
    • Pets Insurance
    • Property Insurance
    • Vevehicle Insurance
    Insurance Journal – Property Casualty Insurance News
    Home » Finding Calm After the Storm: What You Need to Know When Disaster Strikes
    Business Insurance

    Finding Calm After the Storm: What You Need to Know When Disaster Strikes

    insurancejournalnewsBy insurancejournalnewsMarch 22, 2025No Comments3 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Reddit WhatsApp Email
    Share
    Facebook Twitter LinkedIn Pinterest WhatsApp Email

    Spring brings with it the potential for severe weather, and with that, the possibility of property damage. Navigating the aftermath of a storm can be stressful for homeowners unsure of how to proceed.

    A 2024 study sponsored by the Society of Insurance Research, conducted following Hurricanes Helene and Milton, illuminated the key challenges facing homeowners during post-hurricane recovery. The survey highlighted three primary concerns:

    • Uncertainty about insurance coverage
    • The perceived difficulty of managing recovery without institutional support
    • Finding a reliable contractor willing to work with the insurance company

    Fortunately, there are proactive steps homeowners can take to streamline the recovery process.

    First and foremost, ensure the safety of your family and loved ones. Then, contact your insurance agent to initiate the claim process. They will schedule an adjuster to assess the damage and estimate repair costs, while confirming coverage under your policy. If the storm’s impact raises concerns about mortgage payments, reach out to your mortgage company for assistance.

    Once your claim is approved, the insurance company will issue a check for repairs or replacement. If you have a mortgage, the check may be made out to both you and your mortgage company. This is because the mortgage company has a financial interest in the covered property.

    Beyond the financial cost, storm damage also necessitates time for repairs. Severe weather events can affect numerous homes and businesses, creating high demand for contractors. This makes the timely disbursement of insurance funds critical.

    When you receive your insurance check, contact your mortgage company to discuss options for endorsing the payment. Local mortgage companies, like Arvest, may automatically endorse checks for claims under a specific dollar amount or those not requiring extensive repairs. Auto-endorsement allows homeowners immediate access to funds, facilitating prompt scheduling of necessary repairs.

    Ensure your homeowner’s insurance policy is readily accessible and that you know who to contact in an emergency. Routine review of your policy is crucial to understand coverage details, including dates, deductibles, and required prevention or safety measures.

    One of the best preparation strategies is to inventory your home’s contents, including essential paperwork. Maintain detailed digital photos and videos of your property and its contents, along with copies of insurance policies and mortgage documents. Cloud storage provides convenient online access from anywhere. Good documentation can significantly expedite the claims process. Also, document any preventative measures, such as insulated water pipes. When disaster strikes, thoroughly document damage with photos and videos.

    While predicting the weather is impossible, minimizing its disruptions is achievable. Knowledge is power, and preparation is invaluable. Understand the roles of your insurance agent, your mortgage company, and maintain an easily accessible, up-to-date inventory of documents and possessions. These tips can help ease your recovery and get you back to normal as swiftly as possible.

    Mitch Wilkins
    Mitch Wilkins

    Mitch Wilkins is a mortgage lender supervisor, VP for Arvest Bank – Springfield Region. He can be reached at [email protected].

    Disaster Recovery homeowners insurance claims Mortgage weather damage
    insurancejournalnews
    • Website

    Related Posts

    Zurich Insurance Acquires BOXX Insurance to Enhance Cyber Risk Management

    July 4, 2025

    Pennsylvania Department of Banking and Securities Hosts Free Financial Education Events

    July 4, 2025

    Citizens Insurance Requests 15% Rate Hike for 2026

    July 4, 2025
    Leave A Reply Cancel Reply

    Don't Miss

    Zurich Insurance Acquires BOXX Insurance to Enhance Cyber Risk Management

    By insurancejournalnewsJuly 4, 20250

    Swiss insurer expands into insurtech with acquisition of Canadian cyber risk management firm

    Pennsylvania Department of Banking and Securities Hosts Free Financial Education Events

    July 4, 2025

    Citizens Insurance Requests 15% Rate Hike for 2026

    July 4, 2025

    Ohio Homeowners Insurance Rates Skyrocket Amid Record Tornadoes and Storms

    July 4, 2025
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    Our Picks

    Zurich Insurance Acquires BOXX Insurance to Enhance Cyber Risk Management

    July 4, 2025

    Pennsylvania Department of Banking and Securities Hosts Free Financial Education Events

    July 4, 2025

    Citizens Insurance Requests 15% Rate Hike for 2026

    July 4, 2025

    Ohio Homeowners Insurance Rates Skyrocket Amid Record Tornadoes and Storms

    July 4, 2025

    Subscribe to Updates

    Get the latest creative news from SmartMag about art & design.

    Demo
    New

    Montana Eyes Workers’ Comp for First Responders with PTSD

    February 24, 2025

    Best Home and Auto Insurance Deals for Veterans

    February 24, 2025

    Pennsylvania Insurance Department: Protecting Consumers and Regulating the Insurance Market

    February 24, 2025
    Categories
    • Business Insurance (1,818)
    • Identity Protection (522)
    • Life Insurance (1,724)
    • New (5,582)
    • Pets Insurance (517)
    • Property Insurance (983)
    • Vevehicle Insurance (462)

    Zurich Insurance Acquires BOXX Insurance to Enhance Cyber Risk Management

    By insurancejournalnewsJuly 4, 20250
    Facebook X (Twitter) Instagram Pinterest
    © 2025 Insurance Journal News. Designed by Insurance Journal New.

    Type above and press Enter to search. Press Esc to cancel.