When we talk about preparing for emergencies certain things come to mind and they usually involve acquiring supplies and making a variety of plans before a crisis occurs. One critical piece of emergency planning many over look is preparing thier finances for a natural disaster.
The article below is provided with permission from Bankrate.com. It provides a great guide in getting your finances in line with your current family emergency plan. The guide explains preparing for emergency costs due to natural disasters such as earthquakes, wildfires, floods, and hurricanes and explains key differences and gaps in natural disaster insurance policies.
Don't overlook your finances in your emergency plans.
"In the wake of a natural disaster, not having a financial plan or enough emergency savings can be detrimental to one's ability to recover."
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