Sumary of ‘Never like this’: B.C. money expert describes planning for climate disaster as wildfires rage:
- This is the year Taylor, the writer behind the popular personal finance site Squawkfox.
- Here’s what Taylor’s own plan looks like: Story continues below Before the crisis The key to minimizing the financial hit from a potential climate calamity, Taylor says, is in the old adage: hope for the best, prepare for the worst.
- This the ideal time to review your home insurance to make sure you have adequate coverage.
- “It’s a good idea to look at your condo, your renters’ or your homeowners’ plan every year in the off-season because insurance companies are loath to update these policies when a crisis is imminent,” Taylor says.
- 3:21 Wildfire smoke and COVID-19 Wildfire smoke and COVID-19 While you’re at it, take out your phone and take a video of everything in your house, Taylor advises.
- If you ever do need to replace the contents of your home, you can turn to the video both as proof for the insurance company and to help you remember what to include in the claim.
- S. election candidate says she was ousted over ‘boudoir photos’ Story continues below “Open your pantries, open your closets, open your drawers and film it so that you can jog your memory and know what books are on your bookshelf and what clothes were in your dresser beforehand,” Taylor says.
- wildfires could lead to higher home insurance rates Taylor says she rented a five-foot-wide and five-foot-long unit in June for around $100 a month.