Hurricane Season: Home, Family, and Financial Planning Tips

While the last year of COVID-19 is still fresh on our minds, unfortunately, hurricane season is just around the corner. Being prepared early while you have the time can save you the stress of having to panic when a storm is right around the corner. As we all recall the run on several items at the beginning of the COVID-19 outbreak, below are some planning ideas you can put in place in advance of a storm.

Home And Family Planning

• Think about having no power or water for a week or longer and possibly not being able to leave your house due to flooding or debris for several days. Also think about what you would do if you cannot contact family members if the phones are inoperable.
• Store enough non-perishable food and water for at least 3-7 days for your family. You may want to fill up the bathtub or other large containers with extra water for washing dishes and flushing toilets.
• Have cash handy. If the power is out, ATMs will not work (nor will credit cards) and you may need cash for essentials.
• Having a battery powered or solar powered radio can be helpful so you can keep abreast of what is going on outside.
• Declutter. Secure outside furniture or any items that can become projectile as well as cut down trees that could be damaging to your home or your neighbors’ property.
• If you don’t have hurricane impact windows, make sure your shutters are functional.
• Charge electronics, buy back-up devices and have flashlights and replacement batteries on hand.
• Have enough food and supplies for children and pets – don’t forget the entertainment like games and toys!
• Fill any important prescription medication so you have ample supply in the event you cannot get to the pharmacy or doctor.
• Buying or preparing a first aid kit or emergency bag may be helpful – you can find these bags on Amazon for under $100. You can create a larger kit for staying at home and a smaller kit in the event you have to evacuate.
• Plan for family members with disabilities and chronic illnesses. Many medical devices need power supplies.
• Fill up all your cars and make sure you have enough fuel for generators.
• Talk to family members to decide how you will contact each other and what your plan will be in an emergency. Write down important phone numbers and store them with your important documents — most of us don’t remember phone numbers in our heads anymore. Make a list of emergency phone numbers and family physicians. Some ideas can be found here: http://www.ek-ff.com/Organizer.pdf
• Secure boats, RVs and swimming pools. Swimming pools can pose a danger to children and pets especially after a storm.

Financial

• Review your homeowners and flood insurance to make sure you have adequate coverage. Real estate values have gone up considerably in some areas so make sure your policy has kept up with home values and replacement costs.
• Store important documents on secure cloud storage services so you can access remotely later. You may want to store your insurance policies and any other important home related documents. At Evensky & Katz we provide all our clients with their own client portal document vaults where they can securely store important documents. https://evenskykatz.portal.tamaracinc.com/Login.aspx?ReturnUrl=%2fDashboard.aspx
• Buy a waterproof case for personal documents such as marriage certificates, birth certificates and passports – something that can be grabbed quickly if you have to evacuate. As backup you may want to scan these documents and save copies in a password protected file.
• Secure valuables such as jewelry and sentimental memorabilia (old photos and heirlooms) – possibly store in a safe deposit box or fireproof/waterproof safe.
• Most insurance policies have a 2% hurricane deductible, so make sure you have enough cash set aside in the event you need to come up with these funds for urgent repairs. Insurance companies may take a while to send adjusters and process claims.
• If you own a business, make sure you have a continuity plan in place.

Since we are still in a pandemic this website may be useful:

• https://www.cdc.gov/disasters/hurricanes/covid-19/prepare-for-hurricane.html

Other useful websites:

• https://www.miamidade.gov/global/emergency/hurricane/home.page
• https://www.ready.gov/hurricanes
• http://www.floridadisaster.org/