PenAir Encourages Community to Be Financially Prepared for Hurricane Season
As hurricane season continues, PenAir Credit Union (PenAir) reminds residents to ensure they are financially prepared for the possibility of severe weather. With the potential for hurricanes to disrupt daily life, cause widespread power outages, and necessitate evacuations, financial readiness is crucial to safeguarding your family's well-being.
“Being financially ready means having access to essential resources and ensuring financial security during and after a hurricane,” said Lewis Garvin, Corporate Communications Manager at PenAir. “Those who have lived in the area for a while know that you must be ‘one-week ready,’ meaning having enough water, non-perishable food items, medical supplies, and other essential items for the first week of any outage. However, most forget about being ready financially.”
Integrating financial readiness into your hurricane preparation plan is vital. Here are a few key steps to being financially prepared for severe weather:
Create an Emergency Budget: Outline essential expenses such as food, water, gas, and accommodations in case of evacuation.
Secure Important Documents and Review Insurance Policies: Store physical copies of critical documents and consider digital backups. Make sure your home, auto, and personal property insurance are up-to-date and understand the claims process.
Utilize Online Services: Ensure you have online access to your bank accounts. Familiarize yourself with mobile banking apps.
Prepare for Power Outages: Keep cash on hand for purchases if electronic payment systems are down.
