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Take a look at how you can protect your money after a disaster like this hits.
And for that we're gonna go to Charles Watson the director research and development for Connecticut announces joining us now by Skype from Savannah.
Charles welcome thanks for being on the -- and taking the time.
I -- incident introducing an unfortunate topic it is in I don't go to kinetic for this kind of information before we get to -- just to -- you -- Brief summary of what the company does have people -- -- can understand.
Sure mainly we work with governments of businesses.
You -- -- electrical utilities energy companies stuff.
Insurance reinsurance what we do -- computer models to try to forecast.
The amount -- damage you're gonna get from a natural or a human type disaster we do -- earthquakes tsunamis.
Course hurricanes and typhoons.
Are even nuclear disasters we've been working quite a bit with the -- going on Japan's it's pretty wide range basically just -- computer models to disasters.
And so you know somebody toxin just about anybody in one of these situations that it seems even -- sometimes they're ensuring -- their insurance won't cover certain things or they're just not insured because you know their house is paid in fall they're not.
In an area where this kind of a disaster to the we had so.
-- I wanna go through your list of how you say that people can protect themselves against at least being you know financially wiped out.
By a disaster like this is starting with you put -- stress on not procrastinating on insurance applications -- -- to us a little bit about that yeah.
Oh absolutely -- and that's a real problem because succinct always a hurricane season.
-- these policies have waiting periods for instance with -- -- ninety days so if you try to get all -- -- help thinking a new key accused out there it's too late that's not gonna help you know scene with private insurance once there's a -- out there they increased their policy so.
Really the time to start doing -- complaining -- -- -- work.
Because that way you've got time for -- policies actually kick you know.
So if you're the other thing -- that's -- really bit more and arteries -- real wake up call and once and for folks.
Is with respect to flood there's virtually no private flood insurance -- United States it's all through the federal flood insurance pervert so.
Kind of interesting problem for governments that that also means that you go and Francis mortgages are going to be based on -- -- insurance maps.
Or more 33 -- last war.
Was were if this happened outside that's what points -- -- look at FEMA map you go outside the -- -- what -- I don't have to worry about it that's just not true that is -- -- were designed -- 1970s technology.
A lot of times your theory -- that -- -- advantage can't can't thank.
And that was my second point is for instance I'm sitting here in Savannah Georgia not far from being and we're in what's called the 500 -- -- them.
As -- -- trusting we're not in the fight and usually reflects Canada -- -- -- hurricanes Gannett what it Syria.
So the -- trick here is is dirt cheap which is great now hopefully in.
Something like finish the say that what congress is gonna fix that because as we've been reporting today be a federal clean trucks program is in trouble.
Because -- these these payoffs and so that's that's another issue but I do urged people get flood insurance -- -- even the slightest -- -- -- near pleasant if you're even in what they called -- them.
You need to look at flood insurance.
The other things you can do worked really simple stuff like cleaning up.
Tell your your picture there's a swarm coming in you get things like a want cheers are all your grill or what ever sitting out who want schools -- -- -- out there and just through windows.
I can't tell you -- time to talk to homeowners that.
They'll say something like well a tree bloom or something broke my window and -- That route law else because what's the all of what would your health since damage than -- -- when the brace yourself think that what's the wind get inside.
And causes the route to -- all so those are kind of simple things you can do.
I'll get -- That's something you -- -- to put up to or.
These -- on the -- -- -- -- -- waste its arm off putting plywood up that's always good thing to protect your windows but.
Again -- -- planning from a financial standpoint.
And make sure you got reserves to -- operatives deductibles that they are going -- I.
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