Extreme weather events are here to stay. How to financially prepare yourself for a disaster | CNN Business

Editor’s Note: This story, which originally ran in August 2024, has been updated.

CNN  — 

No part of the United States is spared the risk of extreme weather events, which have been hitting harder in recent years.

From wildfires and tornadoes to hurricanes and flooding to prolonged heat waves, the potential damage from extreme weather to people, animals and property is high. Especially if you’re a homeowner. And especially if you live in or near high-risk areas.

However, there are steps you can take

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