Watching and Waiting for Hurricane Dorian
As most of you probably know, Hurricane Dorian is expected to hit the Atlantic coast of Florida over the holiday weekend as a strong Category 4 storm. Not only is it a wide and strong storm, but the models are not yet able to predict where it will make landfall – compounding the difficulty of preparing. This is the third season in a row that Floridians are likely to sustain damage from a major hurricane.
MyStrongHome is Proud to have FORTIFIED Dozens of Homes in Florida Against hurricane risk.
Additionally, we’ve FORTIFIED dozens more in South Carolina, which may also be impacted by Dorian.We recently expanded our capacity by partnering with new lending and construction partners that allow us to serve more customers. It makes sense to build back stronger and better after a natural disaster, but our experience reveals that long-term resilience measures can be difficult to implement in practice as communities recover. Understandably, attention is focused on addressing short-term needs.
With its model for funding resilience-building home improvements, MyStrongHome is uniquely suited to bridge the gap between short-term need and long-term resilience.
Lessons from Irma: Financing for Deductibles
As we learned from Hurricane Irma two years ago, many homeowners cannot afford the ‘named storm’ deductible included in their homeowners’ insurance policy, which is often much higher than their standard deductible. Following a hurricane, many homeowners face the double dilemma of needing to replace their roof and paying for much of it before their insurance kicks in.
Whether after Dorian or a future storm, MyStrongHome can meet the immediate need to finance that deductible – and strengthen the house against future storms.
We are hoping for the best, but are prepared for the worst. We are grateful to our partners who have invested in MyStrongHome so that it is ready to help when the next storm hits.