Questions tagged [natural-disasters]

8 questions
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What are the practical implications of buying a house in a high Earthquake risk area?

I am purchasing a house in Indio California, that is described as being in an high risk Earthquake area. That sounds scary but the actual stats for the area are less so: Nearest Earthquake: 2.9 Magnitude (in 08/10/1996 - 6 miles away) Most Recent:…
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Do surviving homes' values tank after natural disasters?

After experiencing two flash floods in two years, I'm considering investing ~$2000 into modifying my yard's terrain, and building retaining walls, to keep flooding away from the home and vehicles, at least for waters reaching ~2 ft depths. I saw on…
Village
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Buying a home in a high-price, climate change-exposed region

I moved to southern California recently for work. This is the first time I'm stable enough to consider buying a home. Based on some standard decision rules for home buying, I'm ready: I can afford the mortgage payments, I want to own for a long…
2
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Is such a thing as "evacuation insurance" available?

Many Americans live in places where natural or man-made disasters can force them to evacuate on relatively short notice, and find somewhere else to stay for long enough to ride out some hazard. If that hazard destroyed their primary home,…
WBT
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Harvey Disaster Losses and Taxes

I suffered property loss (contents, not house) due to Hurricane Harvey above and beyond my flood insurance coverage. Given the tax law changes around Harvey in December 2017 I know I can deduct most of that surplus amount of loss, even with a…
bshor
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How to re-access my investments if a national disaster happens?

There is no disaster for now. But I got curious what should I do when local disasters(like war, earthquake, etc) happen where I live(I live in South Korea btw). Let's say I got a disaster, survived, and immigrated to another country. I invested most…
user2652379
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Roth IRA/401k contribution withdraw VS a qualified disaster distribution general questions

I am considering pulling out some of my contributions that I made to my roth IRA to pay for some storm damage from hurricane Helene, but I am slightly confused. Does the 5 year rule restart when you rollover from an employer 401K to an IRA or…
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Does the New York Stock Exchange Building have a Business Continuity Plan for dealing with a hurricane hitting New York City?

I would like to know if the New York Stock Exchange Building has a rock solid business continuity and disaster recovery plan to deal with the event of a hurricane directly hitting New York City and doing structural damage to the NYSE building. I…
user111324