Are you prepared if disaster strikes?

GRAND RAPIDS, Mich. (WOTV) - A house fire or a natural disaster could happen to anyone.  The best way to be prepared is to have a plan.  Our finance expert at First Community Federal Credit Union shares these tips to prepare.

DISASTER PLAN

1 . Have an emergency savings fund.   Figure out your total living expenses for a month including your mortgage, care payments, loans, groceries, bills, daycare ect.  Then triple it.   Experts recommend having 3 months worth of expenses in your saving account in case of an emergency such as a diaster or job loss.

2. Know your insurance coverage.   Contact your agent and get a copy of what's covered and what isn't.

3. Create a video or photo documentary of your home and belongings in case you need to file a claim.  Store those files electronically, or online so you can access them even if you lose your computer.

4. Keep copies of your account numbers, drivers license and social security cards in a secure and accessible place.

To talk with an expert about setting up an emergency savings account contact First Community Federal Credit Union.