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September is National Preparedness Month. This collection of articles will help insurance brokers and their clients mitigate exposures and understand what to do before and after a disaster.

Research

Few Americans financially prepared for a natural disaster: survey

Most Americans expect to be hit by a natural disaster in the next 3-5 years but few have made preparations, AICPA found.

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A flood (Photo: Allison Bell/ALM) Almost 30% of Americans have not taken any steps at all to prepare for a natural disaster, the survey found. (Photo: Allison Bell/ALM)

As if the COVID-19 pandemic weren’t enough to worry about, 61% of Americans in a recent survey said they were likely to be personally affected by a natural disaster in the next three to five years, with 19% saying this was highly likely, the American Institute of CPAs reported recently.

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