From The Street
This Is How I Protected My Money While Living Through Epic Hurricanes
Since Hurricane Irma hit land on the Caribbean isle of the now mostly uninhabitable Barbuda on September 6, damage in the storm’s wake has been historically extensive. In fact, the storm has been so huge that the blows it’s been delivering to the Caribbean region are registering on seismometers that usually measure earthquakes.
With a hurricane of that force heading to Florida, state residents should take the little time they have to prep financially for the storm. With the clock ticking, these money-prep steps should come first.
If you’re a homeowner and have flood insurance, you’ll want to be first in line to talk with contractors to help you restore your home, as contractors want to work with those that have their insurance ready to go, says Jerry Linebaugh, founder of JLine Financial.
Note: These are the opinions of Jerry Linebaugh and the authors and not necessarily those of the Simplicity Wealth, are for informational purposes only, and should not be construed or acted upon as individualized investment advice.