Globally, 2011 was the highest loss year on record with severe natural catastrophe losses such as earthquakes, tsunamis, floods and tornadoes. This resulted in $260 billion in economic losses globally.
The United States set a record with 12 separate billion-dollar weather disasters in 2011, with an aggregate damage total of approximately $52 billion.
How does this affect us along the Front Range?
To help you deal with the upcoming change of seasons, Van Gilder would like to offer some helpful hints for your home and autos.
For those who have ever purchased a home, which requires Homeowners insurance, you may recognize that there is a difference between the amount you paid for the home and the actual amount of your basic coverage for the home, without belongings.
This is simply because you paid market value for your home while the insurance company used replacement cost value to estimate what the costs would be to rebuild your home. So what exactly is the difference between market value and replacement cost?
Over the foothills and eastern plains the fire danger is high and will remain high until the dryness is eased by a snowstorm and/or much needed rain. Van Gilder would like to offer some helpful hints for protecting your home from wildfires.
Many people think of wildfires as a danger that threatens only residents of western states and California in particular. The fact is, however, that wildfires can occur just about anyplace where conditions are favorable.
This is an excellent publication, given to us by The Chubb Corporation, that provides insight into how to protect your home from a wildfire. According to this publication, "Human behavior is just as important as fire behavior in saving your home!"
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800.873.8500