The hurricane season is officially upon us and the experts are predicting that this could be the most active one on record. According to Carrie Coolidge of the Daily Finance, homeowner’s and business owners are bracing for the worst, especially in those areas prone for hurricane related damage. Coolidge reports that the Tropical Meterology Project at Colorado State University is predicting 10 storms with 5 of those being major.

We recommend that our clients review their Homeowner’s Insurance Policies to determine that adequate coverage is provided. Clients should also consider adding Flood Insurance once the program is reinstated. Contact us for a policy review or for more information.

Breaking News:

Congress did not vote to re-authorize the extension of the National Flood Insurance Program (NFIP) before May 31, 2010; therefore the program is on hiatus. Congress is expected to begin review of the NFIP reauthorization when they return on June 7, 201 More information is available from the Insurance Journal.

URGENT ALERT: FLOOD PROGRAM SET TO EXPIRE (AGAIN

If Congress does not take immediate action the Flood Insurance Program will expire again at 12:01 am on June 1st. This could be a major problem for those trying to close on their new home and for those wanting to get a jump on the hurricane season with the risk of flood damage associated with those heavy storms. Click here for more details from the Insurance Journal.

After the Health Insurance battle, a tired Congress adjourned without extending the Federal Flood Insurance Program. This means that until they return in April we are unable to provide our clients with Flood Insurance for new home purchases or for renewals. More information is provided by the Insurance Journal

Now is the time to schedule a review of your Homeowner’s Insurance.  It is also a good time to add Flood Insurance if your home is in a location prone to floods or high water.  And don’t forget about your beach or lake property!  Hurricane Season will soon be upon us and the experts are predicting a strong season this year with as many as 16 to 18 tropical storms. According to an article published in the Insurance Journal, Hurricane Forecaster Joe Bastardi, with the AccuWeather.com Hurricane Center states that 15 of those storms will be in the western Atlantic and Gulf of Mexico regions. Bastardi is also predicting that five of those storms will be hurricanes with two or three being major landfall events for the United States. Protect yourself and your property–schedule a “Care Review” today. Click on the Flood Insurance and and Hurricane tags below for more information.