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What Happens When a Hurricane Meets a Pandemic
July 28, 2020
Meteorologists have been warning for months that the 2020 Atlantic hurricane season is going to be severe, with estimates this year could produce as many as 19 named storms and 10 hurricanes. And based on early activity, there is little reason to doubt their predictions. What this means for residents, businesses and property owners from Texas to New England is that they need to be prepared for the worst. A global pandemic will likely put added strain on storm preparations, which will be hindered by resources already stretched to the limit, and any post-event response, which will be slowed by the fear of contamination.
Find out what Zurich recommends property owners do to prepare for this dual catastrophe.
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Do you know the differences between a named insured, additional name insured and additional insured?
When a covered cause of loss occurs, the claims payment check will be issued to all named and additional insureds, as well as lenders, and each will be required to sign it in order to receive funds.
Check out these definitions to ensure you understand the full impact of each insured type.