Disasters vary in size, from smaller events such as a storm affecting a single suburb, to large-scale events that can affect whole cities or large areas that cross state boundaries.
As a result of disasters, people may be injured or killed, or may lose their homes and valuable possessions.
Following a natural disaster, companies can pay claims to policyholders with the right policies who are affected, allowing communities to rebuild.
Taking steps to prepare for a disaster can help get you back to normal faster.
There are some simple steps you can take to keep you and your family safe and lower the risk of your home and other assets being damaged.
In many instances, preparing against one threat can protect you from others as well.If you are unprepared, the devastation and financial Every Australian should know how to prepare for any natural disaster.Most of us live in areas that can be affected by extreme weather and other natural disasters, whether it is from bushfires, floods, severe storms, droughts, cyclones or earthquakes.Embargoes prevent property owners buying insurance just before a disaster strikes and then cancelling once the risk has passed.For more on embargoes on insurance policies click here.The shaking of the earth can lead to a powerful wave in the ocean, which grows very large as it approaches the shore.As if the earthquake itself was not bad enough, a tsunami can lead to major flooding in the same area. We've all been caught outside in a sudden rain storm, when the rain gets heavy and the wind starts blowing. But storms can also grow very large or very powerful or both, and when they do, they become natural disasters.If you don’t have insurance, consider the types of policies you may require and the risks you need them to cover.If you live in a flood or bushfire zone, it would be wise to insure your property accordingly. Some disasters give a warning, such as a storm preceding a flood.Others, such as earthquakes, give little or no warning.