US Virgin Islands Hotel & Tourism Association

Each September, National Preparedness Month reminds us to prepare ourselves, our families and our communities for the disasters and emergencies that could happen where we live, work and visit.

The first week of National Preparedness Month highlights sound financial defense against disaster – saving money for emergencies and having insurance.

Sometimes we have advance warning to get ready, but often we can’t predict the time, place or severity of disasters. Tips to help you save early include:

  • Create a budget that includes a savings plan.
  • Set aside money for an emergency fund to cover disaster costs you may incur including hotel stay, food, gas and insurance deductibles.
  • Review all your insurance policies to make sure you’re covered against all risks common in your area, including flood insurance. Keep your insurance even if you no longer make mortgage payments.
  • Flood insurance takes 30 days to take effect, so act now to protect your family. The time to buy is while it’s dry. Learn more on the FEMA website.
  • Encourage young people to start building good money habits. Saving a little bit at a time helps them learn the importance of preparing for all kinds of emergencies.
  • Take time to collect and secure critical documents (such as personal financial, insurance, medical and other records) now – before an emergency. Tools and resources are available on that provide financial preparedness tips, such as completing the Emergency Financial First Aid Kit.

Learn more about the many ways that you can be financially prepared in the case of a disaster or emergency by going to