Need financial help after the hurricanes? Here’s how to see if you qualify for FEMA assistance
ST. PETERSBURG, Fla. - Natural disasters are becoming more frequent and costly. Financial advisors say it’s important to have an emergency fund, but many people impacted by the recent storms are in over their heads.
Over the last three weeks, numerous Floridians lost their homes, cars and all of their personal belongings.
Since 2013, Florida has spent nearly $400 billion because of severe weather events like Hurricanes Helene and Milton.
Mosaic Financial says anyone whose property was damaged by a recent major storm needs to need to contact their insurance company, adding that property owners may also be eligible for FEMA assistance.
Credit cards can have a high interest rate, so Mosaic Financial recommends looking at a 401K loan because the interest rate will likely be lower than on a credit card.
If you are having trouble paying your mortgage, Mosaic Financial recommends contacting your mortgage company and let them know you were impacted by a hurricane to see if there is anything they can do.
Those impacted can apply for FEMA disaster assistance.
Click here to see if you qualify.
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