Is Your County Property Adequately Covered for Damage from Natural Catastrophes?

Print this article

Is Your County Property Adequately Covered for Damage from Natural Catastrophes?

Recently, the world has experienced a string of natural catastrophes, from earthquakes in Japan, New Zealand, and Haiti, to floods throughout Europe and Australia, to spring thunderstorms and tornadoes in the southeastern United States.  Events such as these have caused enormous property damage and should serve as a reminder of the value of insurance.  Please take this opportunity to review your current coverage and how it would respond to such disasters.

In addition to typical property coverage, ACCG-IRMA members are provided with limited flood and earthquake coverage.  For properties located in Special Flood Hazard Areas, additional coverage is available, excess of the limits offered by the National Flood Insurance Program (NFIP).  Whether your county participates in the ACCG-IRMA or purchases insurance through the commercial market, it is a good practice to review your property coverage for adequate limits, or to determine if coverage exists for catastrophic events such as earthquakes, floods and windstorms. 

For questions on the ACCG-IRMA program, call Ben Pittarelli at ACCG at 404-522-5022, or Ashley Abercrombie at Marsh at 1-800-295-8179.