I've shared before that insurance is one area of my financial life that I've done right over the years. Property, auto, life (which is really DEATH insurance), special hazard insurance. I've always been vested in the concept of insurance — even before I became an emergency manager. Not everyone buys into that lifestyle, due to risk perception or personal economics.
See this article (if it will open for you)
What Does Your Homeowners Policy Cover in Disasters? Often, Not Enough. The emphasis is on flooding, but as the one story relates, it could just as well be about fire insurance — if a home has no mortgage.
All we can do is educate, inform and encourage. At this point I'm reminded that I need to update our personal inventory of household contents.
Eric Holdeman is a contributing writer for Emergency Management magazine and is the former director of the King County, Wash., Office of Emergency Management.
