Rossen Reports: Severe weather emergency; can you afford home damage?
A new survey by Bankrate reveals that one in four homeowners are financially unprepared for severe weather events.
A new survey by Bankrate reveals that one in four homeowners are financially unprepared for severe weather events.
A new survey by Bankrate reveals that one in four homeowners are financially unprepared for severe weather events.
A new survey by reveals that one in four homeowners are financially unprepared for the costs of severe weather events. These costs include potential home repairs and the expenses of evacuating during events like hurricanes or wildfires.
To mitigate financial loss, homeowners should review their insurance policies for gaps in coverage.
They should also check for eligibility in government assistance programs, especially those managed by local municipalities.
Additionally, setting up a portion of each paycheck to go directly into a savings account can help build an emergency fund.
Rossen Reports has previously shared tips on how to build your emergency savings that you can find .
You can also see our past report on strategies to pay for emergency home repairs .
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