Natural disasters happen, usually with little to no warning, and can wreak havoc on the lives of the people affected. You can’t always predict how much damage a natural disaster will cause, but you can ensure that you prepare your finances for an emergency.
The 7.1 Ridgecrest earthquake (ci38457511) on July 5 and its 6.4 foreshock on July 4 (ci38443183) were the first payout-triggering events to take place since Jumpstart’s October 2018 launch. With a relatively low population (about 1/10 of 1% of California’s population) in the affected area, none of our existing customers were located in the payout zone.
More Than Two in Five Americans Worry About Their Community In a Natural Disaster
Nearly three in five Californians impacted by weather-events cite housing displacement issues, according to new Jumpstart report
Natural disasters displace residents from their homes, and this trend is increasing. Yet, the single-biggest factor affecting a community’s disaster recovery is the number of residents who stay in their homes. What are the keys to rebuilding homes and communities post-disaster?
How does Jumpstart determine payment eligibility immediately after an earthquake occurs? To ensure fast, fair payments, we use data from the United States Geological Survey. The USGS is the US government agency responsible for measuring earthquakes and a leading authority on seismic activity around the world.