Travelers Shares Tips to Help Property Owners Prepare for Hurricane Season
May 29 2024 - 9:00AM
Business Wire
As the Atlantic hurricane season approaches, The Travelers
Companies, Inc. (NYSE: TRV) urges residential and commercial
property owners to take proactive steps to protect their homes and
buildings from severe weather risks during the upcoming summer
months.
Colorado State University (CSU) researchers predict that 2024
could be one of the most active Atlantic hurricane seasons in
decades. The forecast anticipates 23 named storms, 11 of which
could become hurricanes – the highest number that CSU has ever
predicted in their April outlook.
“While hurricane season has not officially begun, severe storms
can form at any time, underscoring the importance of preparing both
commercial and personal properties sooner rather than later,” said
Bob Kreuzer, Senior Vice President of Risk Control at Travelers.
“Consider strengthening exterior structures, reinforcing vulnerable
areas such as doors, windows and garages, and surveying outdoor
items that will need to be anchored or moved inside before a storm
arrives. Acting now could help mitigate potential losses.”
Travelers recommends that property owners take the following
steps to safeguard their homes and buildings:
- Consider hurricane resistance features for your
property. Making improvements to your property, such as
reinforcing doors and windows and ensuring your roof is in good
condition, can help to minimize hurricane damage. If you have
invested in fortification already, have a professional inspection
annually. Additional information is available here to assist with
these planning activities.
- Create preparedness plans. An evacuation plan tells
everyone where to go and how to keep in touch during an emergency.
Companies will also want to have a business continuity plan that
outlines what management and employees will do in case of severe
weather and who management can call on to help keep the business
running in the event of a disaster.
- Build a content inventory. Documenting the items in your
home or at your business can help you accurately recount covered
losses if you need to file a claim.
- Prepare a survival kit. Putting together a kit of things
you might need if disaster strikes can go a long way. Recommended
items to include are available here.
- Perform routine maintenance. Take care of tasks such as
tree-trimming, gutter cleaning and debris removal around your home
or office building. Make sure drains and sump pumps are clear.
- Prepare generators or other emergency power systems. Be
sure your backup power systems are functioning and that you have
what you need to maintain power. It’s good practice to test your
equipment ahead of severe storms and periodically throughout the
year.
- Review your insurance policy. If you have an independent
agent, they can help ensure that you understand your policy and
have sufficient coverage.
“With experts warning that this year’s hurricane season could be
busier than average, it’s important for property owners to take
proactive steps now, including making sure that property insurance
policies are up to date,” said Joanne Carmody, Vice President of
Catastrophe Management for Personal Insurance Claim at Travelers.
“Evaluating insurance coverage ahead of time can help facilitate
recovery after a storm hits.”
For more information on preparing for hurricanes and other
severe weather events, visit
travelers.com/resources/weather/hurricanes.
About Travelers The Travelers Companies, Inc. (NYSE: TRV)
is a leading provider of property casualty insurance for auto, home
and business. A component of the Dow Jones Industrial Average,
Travelers has more than 30,000 employees and generated revenues of
approximately $41 billion in 2023. For more information, visit
Travelers.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20240529385882/en/
Media: Chesleigh Fowler, 860-277-5102
cfowler3@travelers.com
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