The National Oceanic and Atmospheric Administration (NOAA) has reported catastrophe losses of $25 billion so far in 2024 due to extreme weather events. NOAA has also predicted that 2024 will be a record year for hurricane season.
Rulon Washington, Wells Fargo executive director of mortgage sustainability, joins Wealth! to give insight into what Americans should consider to protect their property and prepare for extreme weather events.
"One of the biggest tips to prepare for a natural disaster is to create your checklist. You know, think about all the essential steps and items that you need to have accounted for during a storm. I mean, it’s important if you plan to stay and ride the storm out… But, ultimately, if you’re planning to evacuate, you need to make sure that you have a checklist. I would also encourage folks to gather important documents, make sure those critical items, such as your birth certificates, passports, mortgage and insurance documents, and all of those possessions that you keep in a secure place, make sure that you know where they are," Washington tells Yahoo Finance.
#youtube #news #stocks
About Yahoo Finance:
Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.
– Get the latest news and data at finance.yahoo.com
– Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO)
– Follow Yahoo Finance on social:
X: http://twitter.com/YahooFinance
Instagram: https://www.instagram.com/yahoofinance/?hl=en
TikTok: https://www.tiktok.com/@yahoofinance?lang=en
Facebook: https://www.facebook.com/yahoofinance/
LinkedIn: https://www.linkedin.com/company/yahoo-finance
