What is the Financial Impact of the Weather? More Than You Think | SERVPRO of Bartow County

7/8/2021 (Permalink)

When storms damage your home or business, we go to work to make things right. Contact SERVPRO of Bartow County to start the restoration process.

What’s missing from last year’s news cycle that was dominated by the COVID-19 pandemic? Would you believe the ever-increasing cost of financial disasters caused by the weather?

2020 set financial loss records due to weather-related events. In 2020, we experienced the largest financial loss in recorded history due to adverse weather.

When a storm generates damage exceeding $1 billion in costs, it is classified as a disaster. The United States accumulated 22 of these last year!

And most storms didn’t generate the billion dollar damage limit to be counted in this number. Tropical storms were so plentiful last year the National Weather Service had to use the Greek alphabet to generate more storm names.

The Negative Financial Impact of Thunderstorms

It would be easy to think that hurricanes are responsible for more property damage and financial loss than other weather-related causes. However, the facts tell a different story.

Severe thunderstorms generate far more insurance claims and payouts than hurricanes. Severe thunderstorms, and the tornadoes generated by them, were responsible for more damage last year than hurricanes.

Derecho—that’s not a term you hear every day. A derecho is an exceedingly rare weather phenomena that can happen anywhere in the world, but is most likely to occur in the great plains of the United States.

Happening once or twice per year these storms are extremely dangerous. A derecho generates 60 mph straight-line winds along the entire weather front and often lasts six or more hours.

A derecho over Nebraska in August was responsible for damage to over 10 million acres of corn. That’s half of Nebraska’s entire corn crop.

Severe Storms Are on the Rise

Storms are becoming more frequent and more powerful. Last year marked the tenth consecutive year of having at least eight billion-dollar weather related events.

Taking proper precautions can go a long way to mitigating storm-related damages. We all benefit from taking steps to prepare for an on-coming storm.

Sometimes property damage happens, though, despite our best precautions. We’re here to help you get back to normal when you have storm related damage. To get your home restored “Like it never even happened,” call us.

Storm-related damage at your home or business? Call SERVPRO of Bartow County at (770) 387-7455 today and we can help get your property back to its original condition. Click here and one of our loss coordinators will contact you ASAP.