As a renter, little things can make a big difference when preparing for the next earthquake. Even if you don’t own your home, you can still take proactive measures to earthquake-proof your residence. Here are five steps toward earthquake preparedness for renters.
Earthquake preparedness kit recommendations abound on the Internet. Most suggestions for earthquake kits include the consensus items–food, water, shelter, clothing–but the variations in details are infinite. Here are three alternatives to the usual kit items that can help you bounce back in a disaster.
Parametric describes a type of insurance that works differently than the conventional “indemnification” insurance types (e.g. Home, Life, Auto) familiar to most consumers. Parametric insurance involves a special type of financial contract that transfers money to policyholders upon the occurrence of specific, predefined events.
Parametric insurance contracts define the characteristics or thresholds of events that will trigger payments. Those characteristics are also known as the events’ “parameters” (thus the name “parametric.”)
September 19 marks the anniversary of not one but two major earthquakes in Mexico. One ranks as one of Mexico City’s deadliest disasters; the other demonstrates the importance of preparation and planning.
At the end of summer, we stock up on school supplies to prepare our kids for the educational year ahead. With a little practice, preparing each school year for earthquake safety can become just as routine. Start with these three simple steps.