1 in 4 U.S. homeowners is financially unprepared for costs of extreme weather, report finds
CBSN
Add tornadoes, wildfires and floods to the already lengthy list worries for U.S. homeowners.
More than a quarter of homeowners (26%) say they are not financially prepared to handle the costs if extreme weather damages their home, according to a new report from Bankrate. Among those polled, 14% reported they are somewhat unprepared and 12% say they are very unprepared, the personal finance site found. The findings come as hurricane season reaches its peak.
People who are "unprepared for that kind of climate risk intersecting with the amount of unknown risk that exists in the country is really alarming in a lot of ways," Dr. Jeremy Porter, head of climate implications research at First Street, a firm that studies climate risk, told CBS MoneyWatch.
Treasures long forgotten by history have been uncovered beneath the surface in underground digs or hidden away in attics or storage spaces. In the case of a rare document nearly 237 years old, it was in a nondescript squat metal filing cabinet that had been sitting discarded and gathering dust in an eastern North Carolina home for who knows how long.