Storms, Rates, Insurance
Entire Economy Pays Price
This past year three hurricanes affected an area which encompassed about eight percent of the U.S. population. According to an article by Joel Achenbach in The Washington Post, dated November 19, 2017, “Disaster claims soar in year of calamities: Federal resources stretched as applications for aid rise tenfold,” these three storms contributed to a year of “record setting disasters.”
4.7 million Americans registered for FEMA aid compared to four hundred eighty thousand in 2016, and an average of a hundred and eighty thousand for the previous three years.
