Hurricanes account for a small percentage of total natural disaster events but result in over half of estimated insured property losses from 2005 to 2014. Proper preparation before a hurricane includes securing property and keeping copies of important records. Business interruption insurance can help cover losses from closure during and after a storm. After a hurricane, property owners must decide whether to rebuild or not based on damage and insurance coverage.

1. Lessons Learned from
Hurricanes & Flooding:
Property Insurance &
Making Property Damage Claims

2. Hurricanes: An Overview

3. • Account for 2.6% of total recorded natural disaster loss events in U.S.
from 2005-2014
• Account for 51% of estimated insured losses
0%
10%
20%
30%
40%
50%
60%
70%
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Total Recorded Natural Disaster Loss Events: 2005-2014 Estimated Insured Losses (all events): 2005-2014
Hurricanes All other natural disasters

4. Before Landfall: Preparation
In addition to securing property, KEEP
COPIES OF ALL IMPORTANT RECORDS!

5. During Landfall: The Onslaught
BUSINESS INTERRUPTION INSURANCE:
the “Sliver by
the River”
Example:
Mid-City

6. The Aftermath: When the Waters Recede
Notice Periods – to Rebuild, or not to Rebuild?
Examples of Shopping Centers flooded by Katrina