MIAMI—The Atlantic Basin experiences on the average 11 to 12 named storms, six hurricanes and three major hurricanes, according to Global Weather Oscillations (GWO), a hurricane cycle prediction company. The firm predicts the 2015 hurricane season to be a little above average and more dangerous, with 14 named storms, eight hurricanes and three major hurricanes.
This may not the best year to bet on high-deductibles on your hurricane insurance. GlobeSt.com turned to Evan Seacat, senior director at Franklin Street Insurance Services in South Florida, for some wisdom in reviewing your insurance policies before a storm strikes in part two of this exclusive interview. You can still read part one: What CRE Owners Need to Know This Hurricane Season.
GlobeSt.com: When building owners or managers sit down to review their policies, what should they consider?
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