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I.I.I. Offers ̽»¨¾«Ñ¡ Advice and Preparedness Tips for Homeowners and Renters

INSURANCE INFORMATION INSTITUTE
Contact: Press Offices
New York: 212-346-5500; media@iii.org
Wash. D.C.: 202-833-1580

NEW YORK, August 1, 2006-The recent heat wave sweeping large parts of the country brings with it the threat of major blackouts; consumers should prepare for a possible blackout just as they prepare for other possible disasters, according to I.I.I.

"This means understanding what your homeowners or renters insurance policy covers, making sure you have enough coverage and creating a disaster plan for your family," advised John Spagnuolo, I.I.I. spokesperson. "The unexpected heat wave and blackouts are just another example of why everyone should plan for the unexpected now."

What does insurance cover?

• Food spoilage-Many homeowners and renters insurance policies provide coverage for food spoilage of refrigerated items as part of the standard policy.
• Power surge-When power is restored after a blackout, there is a chance of a power surge, otherwise known as an "artificially generated current." Some homeowners and renters policies provide coverage for damage to electronic items from a power surge.

"Coverage varies from company to company and state to state. Call your agent or company representative to find out what is specifically covered by your policy and what deductibles may apply," said Spagnuolo.

How can you prepare for a blackout?

The I.I.I. offers the following tips to prepare for a blackout:

• Review your insurance policy-Find out what your insurance policy covers and make the necessary adjustments to meet your individual needs.
• Assemble supplies ahead of time-Key supplies include:

  -flashlights
  -portable battery operated radio
  -extra batteries
  -phone that does not require electricity
  -at least one gallon of water per person per day
  -supply of canned and/or packaged food that does not require refrigeration or cooking
  -large cooler
  -supply of ice packs and ice
  -manual can opener
  -disposable plates, forks, spoons and knives
  -paper napkins or towels
  -trash bags
  -matches
  -cash
  -prescription drugs
  -diapers and pet food if needed

During a blackout, there is an increase in the number of house fires due to the careless use of candles. I.I.I. recommends using flashlights or other battery operated forms of illumination instead.

"We caution against the use of candles," warned Spagnuolo. "Remember that a blackout will not destroy your home, but a fire can."

What can you do after a blackout?

• Contact your insurance company or agent-If food has been spoiled or equipment has been damaged due to a power surge, contact your insurance representative to find out what you need to do to substantiate your claim.
• Contact your utility company-Depending on the utility company, homeowners may be able to file a claim for food spoilage. Find out what you are covered for and what proof you will need to file a claim.

Additional information on disaster preparedness, can be found on the ̽»¨¾«Ñ¡ Information Institute's Web site (), including:

• Disaster preparedness tips
• Guidance on creating an evacuation plan for your family
• Free home inventory software
• ̽»¨¾«Ñ¡ advice

The I.I.I. is a nonprofit, communications organization supported by the property/casualty insurance industry.