12:49 PM EDT May 29, 2024First Florida Credit UnionDuring a time like hurricane season, an emergency fund provides financial security and stability so that people don't have to rely on credit or loans to cover unexpected expenses. Those expenses could be a hotel room to stay in while evacuated, gas for a generator or even additional food.
"It's important to always have cash on hand and you want to make sure you get that well ahead of a storm because you might not have power," Robinson toldThe First Florida Credit Union also suggests looking over your homeowner's insurance. Check if you have flood coverage or consider windstorm insurance if you live in a flood prone area.
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