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Survey shows many Americans unprepared for disasterPosted On Wed, August 8, 2012
In a survey released yesterday, Allstate showed that a disturbing percentage of Americans are not prepared for a natural disaster. In the wake of an unrelenting drought, a summer of uncontrollable wildfires and a tornado unexpectedly ripping through upstate New York, these results are understandably troubling.
According to the survey, although 21 percent of Americans have had their homes sustain serious damage due to natural occurrences, an overwhelming 56 percent admitted to not making an inventory of their property. Inventorying property value and possessions is the best way to ensure that belongings are replaced by an insurance company after filing a claim. Without an inventory, policyholders could stand to lose thousands of dollars in property.
The cost of replacing lost property would be added on top of increased insurance rates for unprepared Americans in a disaster area. According to Lancaster Online, insurance rates are raised in disaster areas due to a number of factors, including the size of the dollar amount in claims paid by the companies and the potential for a similar disaster in that area in the future.
The possibility that disasters will continue to occur across the continental United States is fairly high, according to FEMA's disaster declaration statistics. In 2011, the agency registered 99 major disaster declarations - the highest volume since the earliest recording in 1953.
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