Thursday, August 28, 2008

New York is at Risk During Hurricane Season

New York is no stranger to flood disasters and peak hurricane season (August-October) brings a heightened risk of flooding to the State. New York's flood history underscores the severity of the State's flood risks. This year marks the 70th year anniversary of "The Long Island Express" one of the most devastating hurricane's in U.S. history.

The hurricane swept up the Northeast coast, dropping 17 inches of rain in a matter of days and creating waves up to 50 feet high. The storm caused $300 million in total damages-equal to billions of dollars. Don't forget about hurricane Ivan in 2004, even though it weakened before reaching the New York area it still caused more than $3 million in flood claims in the state.

Today a category 3 storm similar to "The Long Island Express" would ravage New York's real estate and business infrastructures. Based on the increased flood risk New York faces in the upcoming months, it is critical that you review your homeowners insurance policy and purchase a flood policy if you don't all ready have one. Remember, everyone can purchase flood insurance whether they're in a floodplain or not, including renter's, business owners and homeowners.

If you are unsure about hurricane and flood protection contact me at (866) 272-8310 or email me at insure@atlanticagency.com and I will make sure that you get the best possible protection at a reasonable price.

Take Care,

Jeff Leibowitz
Atlantic Agency/DCAP Insurance
(866) 272-8310
www.atlanticagency.com

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