Sunday, January 29, 2023

How to Recover Financially After Hurricane Ian

After Hurricane Katrina, Ian was the deadliest storm to hit the continental United States. It slammed with an historic vengeance. In fact, Ian resulted in catastrophic damage with losses pegged at more than $50 billion, much of it in Florida, where many are just beginning the rebuilding process. If you’re in that number, here’s how to recover financially after Hurricane Ian.

Call Your Insurer

If your house was damaged, do get the ball rolling with your homeowners insurance company. Give your agent an idea of the extent of the damage and find out what you should do next. You may have to take photos, for example, or await a visit from the claims adjuster before making any repairs.

If the damage has rendered your home unlivable, see if your insurer will pay for temporary shelter such as a hotel room.

Seek Federal Assistance

If your insurance company won’t pick up your hotel tab, maybe the government will. In fact, Uncle Sam might cover other near-term expenses related to your ability to minimally keep going while you sort out your life (and wait for your insurer to replace or repair your house).

If you go to DisasterAssistance.gov and input your zip code, you can learn what assistance you might qualify for. There’s also the Federal Emergency Management Agency (FEMA), which has a wide range of immediate assistance for which you may be eligible.

Locate Credit Cards

Make sure you have all your plastic. If your any cards were lost in the maelstrom, call the card issuers immediately. Most likely, they will be aware of the severity of Hurricane Ian, and if you explain that you’re in a pinch and need the cards to get by, they may be amenable to rushing replacement credit cards to you.

If you have bills due but simply can’t attend to them right now, contact those creditors right away as well. If you’re a Florida resident, it may be helpful for you to streamline your debts to make them more manageable. Check out debt consolidation must-knows for Floridians.

Contact Your Mortgage Servicer

Right now, you’re probably doing all you can to simply function. So, if you need to, see whether your loan servicer will allow you to temporarily skip a few payments until your position is more stable. They just might and it doesn’t hurt to ask.

Determine Whether Documents are Missing

Perhaps you didn’t have time to safely store important documents such as tax returns and birth certificates in another location (bank, safe deposit, etc.). So, it’s your task to scout around and determine what essential documents are missing, then make a list. After that, you’ll need to go about replacing each document.

Be sure to cut yourself some slack as you go about taking care of all this. Try as best you can to focus on the task in front of you, then go on to the next thing. While the hurricane may have swept through relatively quickly, it might take you some time for you to figure everything out. Be certain that you practice self-care.

The bottom line is, it may be a while before you can recover financially from Hurricane Ian. Just don’t let the myriad of things you must do in the storm’s aftermath paralyze you. Plod through your tasks one at a time.

And remember, the last thing you need to worry about right now are your bills. So if you need help managing them as you’re getting yourself together, contact Freedom Debt Relief.

Nation World News Desk
Nation World News Deskhttps://nationworldnews.com
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