Ready for winter’s aftermath? Spring risk management tips to help you prepare.
BNC Agency Blog » Flood Insurance
by John Cofini
1y ago
With April well under way, people across the U.S. are finally starting to thaw out from the long brutal winter. Chicago reported the coldest winter in 30 years and the third snowiest on record according to WGN’s Chicago Weather Center blog. Here in the East, we’ve been dealt blow after blow of winter’s fury, with bitter cold and heavy snowfall in many areas ..read more
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BNC’s Perspective: 6+ Million Households & Property Owners Could Be Underestimating Their Flood Risk
BNC Agency Blog » Flood Insurance
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1y ago
Flooding remains a major natural disaster risk in the United States. Statistics show that in 2019, floods caused a total of 3.75 billion dollars’ worth of damage to property and crops across the country. A nonprofit research and technology group recently released a report with flood risk data for more than 142 million homes and properties across the United States. In contrast to FEMA’s classification of 8.7 million properties having substantial risk (or within Special Flood Hazard Areas), the report identified 14.6 million total properties with the same level of risk ..read more
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Should You Have Flood Insurance?
BNC Agency Blog » Flood Insurance
by
1y ago
Hurricane Ida recently soaked the tri state area. According to CNN, the NYC and many local towns were never designed to withstand such flooding – and it showed. In addition to the massive property damage, at least 46 people died in the region ..read more
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The Calm Before the Storm: A Perfect Time to Review Your Homeowners Insurance
BNC Agency Blog » Flood Insurance
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1y ago
If you live or vacation on the Atlantic coast, you’re no stranger to inclement weather. And you know June through November is hurricane season, with disaster always just one storm away. Yet things seem oddly quiet this year. Before this hurricane season started, the National Oceanic and Atmospheric Administration (NOAA) predicted a 75 percent chance the season would be average or above average. But with little happening so far, NOAA has downgraded its predictions and now expects the season to be less severe ..read more
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6 Steps to Minimize Flood Impact at Your Home or Business
BNC Agency Blog » Flood Insurance
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1y ago
Here in New York State, we’re no strangers to cold, ice, and snow. And while winter can be a beautiful time of year, it can also be extremely dangerous. The recent winter storms here on the East Coast should be an adequate reminder of that. Hundreds of people in the U.S. die each year either directly due to winter storms and cold or in winter-related motor vehicle accidents ..read more
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A Timely Reminder of the Importance of Flood Insurance
BNC Agency Blog » Flood Insurance
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1y ago
The relentless rainstorms and flooding in Texas, Louisiana, and Mississippi in recent weeks should serve as a stark reminder of the devastation flooding can cause – and how quickly it can happen. Houston and New Orleans were drenched with more than double their normal rainfall for the month of April, and huge areas from central Texas through much of Louisiana and into southern Mississippi have received three to six times their normal rainfall since the middle of April. Weather.com reports that so far in 2016, there have been 19 reported deaths in four states ..read more
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Sandy victims hit with flood insurance double punch
BNC Agency Blog » Flood Insurance
by John Cofini
1y ago
When Hurricane Sandy hit in October 2012, it impacted 24 states, including the entire eastern seaboard from Florida to Maine and as far west as Michigan and Wisconsin. It damaged hundreds of thousands of homes and businesses, forced thousands of people into shelters, and wreaked havoc on vital infrastructure. Overall damage estimates in the U.S. are around $65 billion, making Sandy the second costliest hurricane in U.S. history after Katrina ..read more
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How will flood insurance updates affect New York and New Jersey homeowners?
BNC Agency Blog » Flood Insurance
by John Cofini
1y ago
When Hurricane Sandy slammed into the east coast in October 2012, few could have predicted the massive devastation. New York City saw a record storm surge of water and widespread flooding. Over 7.5 million businesses and households in fifteen states and the District of Columbia were plunged into darkness without electricity. Kinetic Analysis Corporation estimated the overall economic impact from Sandy could be as high as $25 billion ..read more
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Ready for winter’s aftermath? Spring risk management tips to help you prepare.
BNC Agency Blog » Flood Insurance
by John Cofini
1y ago
With April well under way, people across the U.S. are finally starting to thaw out from the long brutal winter. Chicago reported the coldest winter in 30 years and the third snowiest on record according to WGN’s Chicago Weather Center blog. Here in the East, we’ve been dealt blow after blow of winter’s fury, with bitter cold and heavy snowfall in many areas ..read more
Visit website

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