Flood Insurance — A Necessary Conversation

You’ve likely seen the devastation on news reports and through social media. Hurricane Harvey and Irma both took a heavy, damaging toll on homes and businesses throughout the areas the hurricanes hit….and other hurricanes are following. Massive flooding is affecting many cities, and the dollar amounts will soon start rolling in as to the monetary impact these hurricanes had and will continue to have for the foreseeable future. Recently, the deadline for the National Flood Insurance Program … [Read more...]

What do Hurricanes and High Deductible Health Plans Have in Common?

The recent destruction and flooding caused by Hurricane Matthew caused me to think about the different way we view homeowner’s insurance and health insurance. Seems like an odd comparison, but stay with me on this. Many individuals shy away from high deductible health plans and opt for a more expensive preferred provider organization (PPO) plan even though their maximum exposure is identical under both types of plans. Yet, the same individual has a high deductible homeowner’s policy for their … [Read more...]