Follow Us:
 
Bankrate.com
Bankrate Mobile Site

smart spending

How to prepare for natural disasters

How to prepare for natural disasters
Next
Slide 1 of 6
How to prepare for natural disasters

Could your finances survive a natural disaster?

It's an important question to consider, even if you don't live in an area vulnerable to nature's quirks. The U.S. experienced a record-breaking number of natural disasters in 2011. As of November, the National Climatic Data Center estimates losses to be almost $50 billion for 2011, and thousands of citizens who never dreamed weather-related conditions would impact their lives are now contemplating a different financial future.

"People always think (catastrophes) won't happen to them," says Lance Hocutt, a financial adviser for Ameriprise Financial. But if you don't protect your finances from unexpected blows, "You can end up with literally nothing except the clothes on your back," he says.


Next
Slide 1 of 6

 

 

advertisement

Compare Rates
advertisement
Celebrity Money
EMV cardCredit cards

EMV credit card

Traveling abroad without an EMV credit card in your wallet may prove difficult.

advertisement
Share your tip to win $100Smart Spending
Are you a champ at cutting costs? Enter your tip in our Frugal $ense contest to be eligible to win $100. There’s a new winner every month.
Is your money safe?
or ? See your bank, thrift or credit union's star rating. Find one that's safe enough for you.
Partner Center
advertisement
Bankrate on Facebook