‘Take this storm seriously’ – Shan Mohamed
So far many persons have rushed to stock up on water and non-perishable foods but many have been late in boarding up windows and taking cars and boats to safety. Some persons on Anegada, despite warnings of storm surges, have even refused to be evacuate the island as advised by Government.
“We want persons to take the storm very seriously. That means boarding up. Move stuff off the ground, especially those commercial businesses with inventory on the ground, take to higher ground. The storm will result in a lot of rain,” Managing Director Shan Mohamed told Virgin Islands News Online today, September 5, 2017.
Persons especially those in flood prone areas as Baughers Bay, Fish Bay and Road Town were advised to do as much as they can humanely do, especially those with limited insurance.
Mad rush for insurance
Mr Mohamed said it is the hope too that persons paid attention to all the notices that asked them to update their values, and those without contents insurance to put it in place.
“What we are finding now is that people are coming in a mad rush to say we want to add these things to our policy and so forth but now is just too late.”
Mr Mohamed explained that insurance coverage is just for fortuitous events or unforeseen events and not to cover losses that is expected, hence the reason some persons could not be insured for possible losses by Irma when they knew before seeking insurance that the hurricane is coming.
Luckily for some customers Nagico was able to exercise some amount of discretion. It is our understanding that some insurance companies have flatly refused to grant insurance with the impending hurricane because their underwriters have said no.
The VI has always enjoyed the benefits of lower premiums; however, this could change if persons don’t collectively as a territory take preemptive steps to minimise their losses.
Asked how Nagico fared during the recent flooding and how prepared the company is to deal with a catastrophic storm, Mr Mohamed said Nagico was able to pay out most claims and is ready to hit the road running after hurricane Irma.
“This is a chance for us to demonstrate the Nagico strength and ability to respond to challenging circumstances,” Mr Mohamed said.
.png)
.png)
.png)
Follow Us On
15 Responses to “‘Take this storm seriously’ – Shan Mohamed”