Disaster Preparedness Quiz

Are you and your home prepared to weather a disaster?

Start by educating yourself on disaster preparedness, including insurance, recovery options and resources for renters. You can also review the resources in our toolkit “Making Your Home More Efficient and Resilient.”

1

Before deciding to buy or a rent a home, you should understand and consider the impacts of the area’s ____________.

Every region has its own set of climate risks, and understanding those risks is the first step to disaster preparedness. This can include coastal regions prone to hurricanes, tornado alleys or areas susceptible to wildfires or floods.

question 1/5

2

True or false: Most homeowners insurance policies include coverage for flood damage in high-risk areas.

False. Certain weather events, including flooding and storm surge from hurricanes, are typically not covered by homeowners insurance and may require a separate policy from a private insurer or government program, where available.

question 2/5

3

Which of the following is the best option for homeowners who are at risk of missing a mortgage payment due to damage to their home or place of employment?

Forbearance is a temporary lifeline that allows homeowners to pause or modify their mortgage payments while they get back on their feet. Keep in mind, any missed payments will need to be repaid when forbearance ends. Talk to your servicer to discuss your options.

question 3/5

4

True or false: Your lease agreement should include terms that describe your options as a renter if your unit is damaged during a disaster.

True. Specifically, the rental abatement clause and lease termination clause in your lease agreement should provide information on pausing or modifying your rent payments, or ending your lease, if your unit is damaged during a disaster.

question 4/5

5

To ensure you are financially prepared for an emergency you should:

All of the above. You should try to save enough to cover 3-6 months’ worth of your regular expenses; your emergency budget should trim expenses where possible; and your insurance policy can help cover the cost of any damages or related living expenses.

question 5/5

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