Guide to Insurance

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The Worst Natural Disaster

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If Hurricane Katrina taught us anything, it showed that we were not prepared for the forces that Mother Nature can throw at us. Without proper planning and guidance, we can put ourselves and our families at risk for illness and even death. To help put yourself in a better place to deal with such unexpected and catastrophic events, you need a plan that will assist you, no matter where a disaster might strike.



The truth is that we might not believe that we'll be anywhere but at home when an earthquake, flood, hurricane, or tornado strikes, but since we tend to spend much of our time at work, there's a high likelihood that you might have to deal with disaster when you're away from the safety of your home. Many work locations are metal buildings or steel buildings to help minimize these dangers, but you still need to prepare for the worst. Here are some easy tips that you will want to follow:

?Always have a safe supply of drinking water ? Each person may be trapped in a work location for two to three days without access to proper water supplies. In order to cover the people that are in your workplace, you will want to provide at least three gallons of water per person, per expected day. These will need to be stored in an area that can not be harmed or blocked by structural damage that may occur.

?Have non-perishable foods on hand ? Things like nuts, canned foods, cereals, and energy bars are great to have on hand for emergencies. These foods have a long shelf life and they provide you with the necessary calories for keeping up your energy.

?Keep extra medications ? If you're currently on a prescription medication, you will want to always have a spare bottle or device with you wherever you are. Simply have your doctor write you an extra prescription in order to always be ready.

?Know the evacuation plan ? When you need to get out of a building because of structural instability, make sure that your workplace has a plan. Practice the evacuation plan, even if you are in steel buildings or metal buildings. Sometimes, even they can fail under enormous stress.

You will also want to limit the possibility of harm that you might come into contact with. Make sure that you know how to turn off gas valves and water mains when you are at work, so that you're not spreading any toxic materials in the air or causing anyone to become ill from gas fumes. Again, the directions should be clearly marked by the valves and everyone will need to be trained to handle these situations.

In the end, you can't plan for emergencies to happen, but you can plan for what you can do when they do strike. By thinking realistically about what might happen and what you will need, you will make sure that you're in a position to help others, instead of needing help yourself.
The Worst Natural Disaster
While not everyone lives in a flood plain, everyone lives in a flood zone and any property in the United States is susceptible to flooding. It's just a matter of level of risk. Flood insurance is mandated for those whose homes are built on a flood plain because these areas carry a high level risk for flooding.

Much of Austin can be at risk for flooding. The Cedar River, the Little Cedar River, and the Upper Iowa River have been known to jump their banks during heavy rainfall. Regardless of your level of risk, though, it’s a good idea to become savvy about the risks of flood damage and insurance coverage in your area.

Austin is located right in the middle of “Flash Flood Alley", in Central Texas. This means sudden flooding may occur after a heavy rainfall. The many small creeks and rivers running throughout the Austin region can suddenly overflow their banks and cause havoc. The City of Austin has worked to minimize the risk of flooding for this reason and, as a result, the Federal Emergency Management Agency (FEMA) will be releasing new flood plain maps to take effect September 26, 2008. You can find more information at this Austin City Connection website.

Some areas of the city have been moved out of the flood plain, while others find themselves moved into it. Those who find themselves moved into the flood plain area should consider purchasing flood damage insurance by August 11, 2008 – 45 days before the maps' effective date – in order to take advantage of better rates.

Because Austin participates in the National Flood Insurance Program, federal flood insurance is available to residents through FEMA. This means that Austin residents get a 15% reduction in insurance fees, making decent coverage affordable. For example, an average premium costs $400 a year for $100,000 worth of coverage. If you find you are one of those whose property has been moved into the flood plain area, you should contact your insurance agent to inquire about the federal insurance.

here is another option to purchasing flood insurance, but it carries less certainty with it than the insurance option. If the president declares a federal disaster due to widespread flooding in your region, you have the option of applying for Federal Disaster Assistance. This aid takes the form of a loan that is repayable in full, plus interest. So, for example, if you should apply for and receive a $50,000 disaster assistance loan, it will cost you about $300 a month for 18 ½ years to pay it back. Insurance will pay for your covered losses whether or not the president declares a disaster.

Still, it's a good idea to have a look at your insurance options, regardless of the risk of flooding in your neighborhood.
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