Disastrous 2011 a Reminder to Obtain Sufficient Coverage

By November 3, 2011 

Nature has done a number on the U.S. this year. With two months remaining, 2011 already set the record for the most FEMA-declared disasters since the agency began keeping track in 1953. Between Midwestern and southern tornadoes, Texas fires, and northeastern blizzards and hurricanes, no corner of the country has escaped without being affected in some way. Domestic weather losses have exceeded $35 billion, according to the National Oceanic Atmospheric Association, and the damage doesn’t stop stateside. With a tsunami in Japan and flooding in Australia, the rest of the globe has been

hit hard as well. This has been the costliest year on record, with economic losses in the first six months alone topping $265 billion, according to Munich Re.

http://www.propertycasualty360.com/2011/11/03/disastrous-2011-a-reminder-to-obtain-sufficient-co?t=loss-control&utm_source=PC360DailyeNews&utm_medium=eNL&utm_campaign=PC360_eNLs Which disasters and/or events have motivated your independent insurance agency to reorganize the way you run your business?  For independent insurance agents that aren’t familiar with the specialized coverage that the article mentions (Extra Expense, Ingress/Egress, Civil Authority, etc.), has the information inspired you to consider offering these kinds of coverage for your independent insurance agency?

–Josh Nordin