ST. JOHN, Florida, April 9th (TNSRes) — The Insurance Information Institute issued the following press release on April 7, 2022:
An above-normal level of tropical cyclone activity is projected for 2022 in the Atlantic basin, according to a forecast published today by Colorado State University (CSU) Department of Atmospheric Sciences.
Led by a research scientist Phil KlotzbachPhD, also non-resident scholar at the Insurance Information Institute (Triple-I), the CSU Tropical Meteorology Project The team anticipates 19 named storms, nine hurricanes and four major hurricanes during the 2022 season, which begins on June 1 and continue through November 30. A typical season has 14 named storms, seven hurricanes, and three major hurricanes.
2021 Atlantic Hurricane season produced the third most named storms on record. Seven of the 21 named storms last year were hurricanes, and four reached major hurricane intensity. Major hurricanes are defined as those with winds reaching Category 3, 4, or 5 on the Saffir-Simpson Hurricane Wind Scale.
Eight named storms created US made landfall last year, including Category 4 Hurricane Ida that hit central gulf coast and then brought devastating floods to the Mid-Atlantic and the Northeast. 2021 was also the seventh year in a row that at least one named storm formed in April or May.
“The widespread damage US experienced last year in tropical systems highlighted the importance of being financially protected from catastrophic loss, and that includes having adequate levels of property insurance and flood coverage. In fact, we not only saw historic levels of flooding in coastal areas in 2021, but also in inland communities. All it takes is one storm to make it an active season for you and your family, so it’s time to get ready like 2022. Atlantic the start of the hurricane season is approaching,” said Sean KevelighanCEO, Triple-I.
“This is an ideal time for home and business owners to review their policies with an insurance professional to ensure they have the correct amount and types of coverage, allowing them to be financially protected against property damage caused by by wind or water,” Kevelighan added. . “That also means exploring whether they need flood coverage, which isn’t part of a standard homeowners, condo, renters or business insurance policy. In addition, homeowners can make their residences more resistant to windstorms and torrential rains by installing roof ties and a good drainage system.”
Flood policies are offered through from FEMA National Flood Insurance Program (NFIP) and various private insurers. According to the Triple-Iand can potentially provide savings on a homeowner’s insurance premium.
Private passenger vehicles damaged or destroyed by wind or flood are covered under the optional comprehensive portion of an automobile insurance policy.
Through its Resilience Accelerator and other educational materials, the Triple-I offers numerous tips to prepare for hurricane season. These include:
* Develop a photo/video inventory of your possessions and the exterior of your home, which will facilitate the claims filing process
* Prepare a hurricane emergency kit with a minimum two-week supply of essential items, such as drinking water, non-perishable food, and COVID-19 safety items (face coverings, hand sanitizer)
* Create an evacuation plan well before storm warnings are issued
Klotzbach said the low probability of a significant El Niño in the Pacific indicates another active Atlantic Hurricane season is likely on the horizon, and there is an “above average chance” of major hurricanes making landfall across the continent. US coasts and in Caribbean.
“Though tropical Atlantic water temperatures are currently near their long-term averages, the subtropical east warmer than normal Atlantic generally forces a weaker subtropical height and associated weaker winds that blow through the tropics Atlantic. These conditions then lead to warmer waters in the tropics. Atlantic for the peak of Atlantic hurricane season,” Klotzbach said.
CSU forecast for 2022 calls for a 71 percent chance of a major hurricane making landfall US landfall, 47 percent for the US East Coast including the Florida peninsula, and 46 percent for the gulf coast from the Florida peninsula west to Brownsville, Texas.
FACTS AND STATISTICS:
Catastrophes: insurance issues
Hurricane Season Insurance Checklist
How to prepare for hurricane season
Insurance Guide for Hurricane Season
Deductibles for hurricanes and windstorms
Understanding your insurance deductible
Preparation of an effective evacuation plan
Settlement of insurance claims after a disaster
focus on flood insurance
Flood Insurance Facts
Recover from a flood
What are hurricane deductibles?
How to prepare for hurricane season
How to File a Flood Insurance Claim
Is your business ready for peak hurricane season?
from FEMA National Flood Insurance Program (NFIP)
NFIP Information for Insurance Agents
Dr. Klotzbach Discusses the Atlantic Seasonal Hurricane Forecast for 2022
Hurricane Insurance Guide
Insurance Check: Homeowners and Hurricane/Flood Insurance
Create a housing inventory
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