Take Hurricane Katrina, for example: those who invested in flood insurance despite living outside traditional zones found their foresight paid the ultimate dividend. But there’s more you might not know…
In the aftermath, countless tales emerged of families bankrupt without adequate coverage, facing years of debt. And yet, here’s an extraordinary stat…
Some policyholders whose coverage was comprehensive found themselves rebuilding not merely homes but communities. This collective resilience shocked analysts and brought a silver lining.
Realizing the overwhelming benefit of foresight, more communities are now proactive, utilizing data analytics to predict and plan for unforeseen disasters. But what lies ahead for disaster insurance in the evolving climate landscape? The answer may surprise you…