The 2019 Atlantic hurricane season began on June 1st, but it actually kicked off a little bit early with Subtropical Storm Andrea forming mid-May. Andrea makes 2019 the fifth year in a row where a named stormed formed outside of the official hurricane season.
Early predictions have varied and will continue to change as new weather patterns emerge. An early report out of Colorado State University’s Department of Atmospheric Science came up with several different scenarios that suggested an average or even below-average hurricane season, with between five and eleven named storms. Last season, by comparison, ended up above-average, with 15 total named storms.
The more recent prediction from The National Oceanic and Atmospheric Administration (NOAA) is nothing extraordinary, with the organization predicting a “near-normal” hurricane season for 2019, with two to four major hurricanes (storms that reach Category 3 and above) and up to 12 named storms expected to occur. While it may not sound alarming, last year’s hurricane season only resulted in two major hurricanes, Florence and Michael, which caused over $50 billion in damages to the areas they hit and claimed dozens of lives.
The varying opinions on the 2019 hurricane season can be attributed to two different and unique factors. On one hand, an ongoing but weak El Niño is expected to suppress hurricane activity in the Atlantic. Conversely, warmer water temperatures and a stronger than average West African monsoon occurring at the same time are expected to possibly increase the odds of more hurricanes forming this year.
NOAA believes that their hurricane season forecast is about 70 percent accurate, which means homeowners and business owners in the coastal region should be prepared for hurricane activity to begin building up soon. Insurance agents can also help prepare their coastal clients for the upcoming hurricane season by doing some of the following:
Review insurance policies.
Check in with their coastal clients to review insurance policies, letting clients know what is covered under their current policies as well as what is excluded. If clients have any additional policies such as flood insurance or deductible buybacks, agents should review these as well.
Identify and fill insurance gaps.
After reviewing policies, agents may have identified gaps in insurance coverage or risk areas that have not been addressed. This is a great time to address and fill these gaps before a storm threatens the area. Property Insurance, in particular, is crucial for commercial coastal properties, while homeowners on the coast should be up-to-date with their Personal Lines insurance coverage.
It’s impossible to control the weather, but agents can help their clients be as prepared as possible for whatever may occur. By being proactive and educating clients, agents can ensure their coastal clients are ready to face the 2019 hurricane season.
Formed in 2013, AmSuisse, Inc. has quickly distinguished itself as a wholesale operation that specializes in working very closely with our agents and broker partners to develop responsive, individualized service for each client. Our unparalleled writing support, industry-specific expertise, marketing support, responsive proposals and quotes, strong customer service, and strong relationships with our carrier partners have all helped us to provide the best possible coverage for our clients. To learn more about our available coverage, contact us today at (800) 485-0229 to speak with one of our representatives.