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"Defining" Moments with Sherry: Mitigation


Illustration of house in a storm

We are working with this new company that has mitigation coverage and I had no clue what the word mitigation really meant. Occasionally, I saw the word when I was going through things on the computer as I was trying to familiarize myself with where everything was. I thought if I keep seeing this word I should really know what the real meaning is. When I saw it for the first time I thought of hibernation; I knew it had no connections.

As I did some research I came upon the United States Federal Emergency Management Agency, most commonly known as FEMA and I figured it out. “Mitigation is the effort to reduce loss of life and property by lessening the impact of disasters” (FEMA, n.d.). So, in other words, it is taking the necessary steps to prevent further damage to your property.

For example, you just endured a bad storm and another one is about to come through, you want to make sure that you cover up holes in roofs or other things to prevent further damage to the roof and damage to the interior of the structure. I mean, why would you not protect your precious belongings?

Believe it or not, it is a requirement in your policy language to protect covered property to avoid further damage. Furthermore, measures taken to protect your property from further damage is covered by your policy. So there is no time for hibernation when you have damages, instead mitigation should be at the top of your list. Hibernate during the storm!

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