Sather Financial
 
 

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Sather Financial Group

120 E Constitution St
Victoria, TX 77901

(361) 570-1800



 

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2015 Hurricane, Flood & Emergency Preparedness

June 1st is here and we have been quickly reminded how devastating natural disasters can be. The storms, and associated flooding, are a reminder to be constantly prepared. As such, now is the time to prepare as disasters can strike anywhere.  

Some things to do, or get, NOW:

  1. Get flood insurance as it is excluded under homeowners and renters insurance (in addition to full and updated homeowners and auto)—before a hurricane or flood is imminent. Even if you are not in a flood plain, a hurricane or concentrated downpour can cause a flood situation in minutes. Flood insurance is cheap—get it now before the risk has been identified.
  1. Flood insurance covers direct physical losses from floods and losses resulting from flood-related erosion caused by waves or currents of water exceeding anticipated cyclical levels and accompanied by a severe storm, flash flood, abnormal tide surge or a similar situation which results in flooding. Flood insurance also may cover mudslides.
  2. Coverage for the structure and contents of the home are sold separately. Buildings are covered for replacement cost but content coverage is available on an actual cash value basis only.
  3. Determine if you need to buy additional private flood insurance on your home (if your home is expensive—above $250,000).
  1. Locate the switches to turn off gas, electricity and water.
  1. Keep copies of important documents offsite. Scan copies onto a DVD.
  1. Keep copies of insurance policies, phone numbers, etc. Again, scan onto a DVD but have hard copies too as a computer may not be available.
  1. Keep a first aid kit fully stocked and ready to go in your house and vehicles.
  1. Keep a list of all medications and have a full 30 day supply of your meds.
  1. Food, medications and kennels for pets. Most shelters will only accept pets if kenneled. As a side note—it is a felony to leave pets behind.
  1. Stock your shelves with non-perishables:
    1. Canned foods and soups
    2. Dried jerky/fruit
    3. Gatorade
    4. Breakfast/energy bars
    5. Frozen plastic jugs of water (don’t use milk jugs)
    6. Batteries (a variety of types) and flashlights
    7. Cleaning supplies (bleach, towels, alcohol, hand sanitizer etc.)
  1. Get cash.
  1. Video tape your assets and store the tape in a safe manner away from your house. You cannot rely on memory after a flood, fire or similar disaster.
  1. Non-scented liquid household chlorine bleach.  Adding it to dirty water at 20 drops per gallon will make it safe for drinking. 
  1. Tool kit with hand operated can opener.
  1. Battery operated radio/TV.
  1. Cut storm boards for your windows while supply and time is plentiful.
  1. Ice chest (several). Keep one that can easily be loaded into your vehicle should you have to leave your home and operate out of your vehicle for several days.
  1. Turn your refrigerator and freezer to coldest settings once a hurricane, tornado or power outage is imminent. Open only as needed if power goes out.
  1. Generator
    1. Evaluate your needs for a generator—and then actually get one. Before going to the local store or the internet, talk with an electrician about what size generator you might need and why you need it. Do you want a generator to run your whole house, or just for limited emergency purposes?
    2. Get a transfer switch permanently mounted to your house or get the necessary extension cords for your generator.
    3. If you have a generator, take it for a test drive to make sure it actually works.
    4. Get enough gas/diesel cans to last you through several days of use. This probably requires 10 five gallon cans. Fill the gas cans only once a hurricane or power outage is imminent. Otherwise, storing large quantities of gas is hazardous.
  1. Charge your cell phones.
  1. Get additional capacity batteries for your cell phone.
  1. Have a traditional corded phone without the need for an additional power source.
  1. Map out multiple escape routes. Have laminated folding maps in all of your vehicles.
  1. Tune up your vehicle and keep them gassed up.
  1. Get a power inverter for your vehicle so you can run electrical items off of your car.
  1. Trim trees around your house and remove other obstacles in your yard.
  1. Keep a weather proof camera with film in it to document damage should it occur.
  1. Take advantage of the Insurance Institute's home inventory software. This free program lets you scan receipts, take pictures and take inventory of what you have in the house.

http://www.iii.org/video/know-your-stuff-home-inventory-software

http://www.iii.org/insurance-topics/preparedness-and-safety

While we hope this is merely an exercise, it is better to be well prepared than to regret it after the fact.

Call with questions.

Sincerely,

Dave 

Dave Sather, President

CERTIFIED FINANCIAL PLANNER™

Warren

Warren Udd

CERTIFIED FINANCIAL PLANNER