In fact, insurance data give us another way to describe just how cold last winter was and how cold it’s likely to be this year.
Read Moresevere weather
Tips to protect your home during severe weather conditions
As the temperature continues to drop, it is advisable to make sure your home is prepared for such conditions. Preparedness can prevent any unnecessary or expensive insurance claims.
Read MoreHercules targets the Midwest and Northeast
Blizzards remind us to be financially prepared and have adequate amount of home and auto insurance.
Read MoreWeather-related catastrophes hit the U.S. hardest in 2012
The U.S. accounted for a higher proportion of global natural catastrophe losses than usual in 2012 due to a series of severe weather-related catastrophes, according to global reinsurer Munich Re. For the year, natural catastrophes caused $160 billion in overall losses and $65 billion in insured losses worldwide. Some 67 percent of overall losses and 90 percent of insured losses were attributable to the U.S. – the respective averages are 32 percent and 57 percent….
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