Hosted by: Laura Hawley Special guest: David Rutherford

Host
Laura Hawley – CFP®, President at Allen & Company

Co-Host:
Troy Garcia – CFP®, at Allen & Company

Guest:
David Rutherford – Insurance agent at Barfield Insurance
Julie Phillips – Meteorologist at WFLA

Today’s show will discuss the topics of natural disasters, hurricane preparedness, the standard homeowners insurance coverage and if that’s enough, the need for a hurricane kit, and will also answers questions regarding your policy and how it relates to Hurricane Season.

In this episode we cover:

• Storm Season and the impact on your insurance (4:20)
• Can we really feel ready for a natural disaster? (4:30)
• Planning ahead when it comes to hurricanes and insurance policies (5:08)
• Are you supposed to be reading your insurance policy once a year? (5:27)
• What to look for when reading your Insurance Policy? (6:00)
• The planning steps prior to a hurricane (7:00)
• Discuss 4-Point Home Inspection and the need for it (7:30)
• The need for a wind mitigation inspection (8:00)
• Should you be calling your insurance company regarding home inspections?
• The need for a home inspection for insurance purposes (9:14)
• How to prepare for Hurricane Season (10:38)
• The need for flood insurance (11:29)
• How to protect yourself against false overnight adjusters (17:06)
• Assignment Of Benefits form (17:45)
• Storm damage to cars and boats (19:18)
• The difference between Full Replacement Cost coverage vs. Actual Cash Value (29:18)
• What questions should you be asking your agent regarding insurance policies (26:28)
• Insurance Companies risk and restrictions (26:00)
• Discuss the difference between a Hurricane Watch and a Hurricane Warning (30:00)
• How to be prepared financially for Hurricane Season (39:53)

Links From the Show:

• Michael Kors
• NOAA
• Red Cross
• Under Armour
• WFLA
• Whole Foods

Tweetable Topics:

Difference between Hurricane Watch and Hurricane Warning is a Hurricane Watch means that hurricane conditions (sustained winds of 74 mph or higher) are possible within the specified area. A Hurricane Warning is issued 48 hours in advance of the anticipated onset of tropical-storm-force winds in an area. – Julie Phillips, WFLA Meteorologist.

2016 should be a near average Hurricane season with 1 to 4 major hurricanes expected. – Julie Phillips, WFLA Meteorologist.

10-16 named storms are predicted for the 2016 Hurricane Season – Julie Phillips, WFLA Meteorologist.

Connect with:

David Rutherford – Insurance agent at Barfield Insurance
LinkedIn – David Rutherford

Julie Phillips — Meteorologist at WFLA
Facebook – Julie Phillips
LinkedIn – Julie Phillips
Twitter – Julie Phillips
WFLA – Julie Phillips

Troy Garcia — CFP®, Financial Advisor at Allen & Company
Allen & Company – Troy Garcia
LinkedIn – Troy Garcia