Insurers Urge Consumers to Prepare for Tornado Season

CHICAGO – March 22, 2010  - As the U.S. moves into tornado season, the Property Casualty Insurers Association of America (PCI) encourages homeowners, renters and business owners to review their insurance policies and contact their insurance agent or company to discuss coverage options. 

The peak of tornado season in the U.S. varies by geographic region beginning in southern states during the months of March and April.  Peak tornado season for the southern plains occurs during May and June and typically takes place during June and July in the Midwest and northern plains.  According to the National Oceanic and Atmospheric Administration’s National Climatic Data Center there were over 1,150 tornadoes in 2009.  The highest concentrations of tornado reports were clustered in the Southeast and into the Midwest.  The largest outbreak of tornadoes for 2009 occurred on April 10th with 73 reports across the southeastern U.S., killing two people.

“With wind speeds that can reach nearly 300 MPH, tornadoes can be deadly and cause severe property damage,” said Donald Griffin, vice president personal lines for PCI.  “Because tornadoes can occur rapidly and with little warning, advanced preparation is very important.  We encourage consumers to know the warning signals used in their community and be prepared to take cover when alerted. Maintaining an emergency storm kit with a radio, flashlight, batteries and first-aid items is the first step in preparation. Other steps include conducting tornado drills with your family and ensuring that your property is adequately insured.”

Most tornado, windstorm, hail and similar severe weather-related losses are covered by either homeowners, renters or commercial insurance policies. Tornado losses to a home are covered by the “windstorm” peril under the homeowners insurance policy.  Renters insurance also provides coverage to policyholder possessions under this peril.  Business owners are covered under their commercial policies.  Protection from windstorm or hail damage for cars is covered under the “comprehensive” portion of the automobile insurance policy.

PCI pre-storm tips:

·         Conduct a detailed inventory of your possessions including receipts, descriptions and photos of your home's contents.

·         Keep your insurance policy and agent information along with other important information with you or in a secure place.

·         Keep a cell phone charged and with you for emergencies.

·         If you have one, keep a laptop computer close by.  Most insurance companies allow claims reports to be submitted via the Internet.

If you experienced a loss from the storms:

·         Immediately contact your insurance agent or company representative

·         Inspect property and cars for damage

·         Inventory losses and photograph damage, and save related receipts to assist with claims handling

·         Secure property from further damage or theft

·         Check the background and legitimacy of repair contractors.  Ask your insurance company for assistance in locating a reputable contractor. 

·         Keep detailed records of business activity and extra expenses during the interruption period, and prepare records to show the income from the business both before and after the loss.