Redstone Federal Credit Union

How to Protect Your Finances and Prepare for a Natural Disaster Both Alabama and Tennessee designate a week in February for severe weather awareness, when authorities emphasize the importance of creating a plan to survive severe weather. You also need a plan to protect your finances from whatever nature throws your way. Follow these tips to get started: Create an emergency savings account. We suggest saving 3 to 6 months' worth of basic living expenses. Check your insurance coverage. Review all your policies – home, car, life, and health. What are their coverage limits? What's covered, and what's the deductible? Take an inventory of your belongings. Take pictures or a video of what's in your home. A detailed list of valuable items and their cost may be needed by the insurance adjuster. Download helpful apps. ere are some for banking, insurance, emergency services, weather, and more. e apps ensure you'll have easy access to important information, even if you must evacuate. Use online and mobile banking services. Redstone uses the latest technology and makes monitoring your accounts and managing your money simple and safe – wherever you are. Keep paying your bills. If there's damage to your home, you're still responsible for your mortgage. Consider Redstone's automatic bill pay, so you don't have to worry about interrupted payments. Missed payments hurt your credit score! If a disaster causes you to lose income and results in the inability to pay your bills, contact Redstone to discuss your situation. Keep a record of expenses, including the cost of relocation and any repairs. Before proceeding with work to restore your home or property, confirm what's covered by insurance, check contractors' credentials, and secure a contract in writing. For more information, search "Natural Disaster" at redfcu.org. Our members are part of the Redstone family. We're here for you – during happy times and high water. 8 | r e d f c u.o r g

• Cover