Preparing for Natural Disasters
Natural disasters pose significant risk to real estate investments. Proper preparation reduces both damage and insurance premiums.
Hurricane Preparation
Install storm shutters, reinforce roof connections, and trim trees. Update your insurance coverage before hurricane season. Maintain detailed property documentation for claims.
Earthquake Safety
Secure heavy furniture and fixtures. Install flexible connections for utilities. Obtain earthquake insurance coverage. Educate tenants on safety procedures.
Flood Prevention
Elevate mechanical systems above flood levels. Install sump pumps and backflow preventers. Maintain proper drainage around properties. Consider flood insurance even in low-risk zones.
Tornado Mitigation
Inspect roof condition regularly. Secure outdoor structures and equipment. Update building maintenance records. Review liability coverage for wind damage.
Documentation and Claims
Maintain detailed property photographs and video documentation. Keep records of all maintenance and repairs. Document property value and improvements for insurance purposes.