Scott Bilton, an associate at Edward Jones, has emphasized the importance of carrying sufficient home insurance for financial recovery and rebuilding after natural disasters. He made this announcement on LinkedIn.
“While there’s not much you can do to prevent natural disasters, having the right home insurance can help better position you to rebuild your life after one happens,” said Bilton, according to LinkedIn.
According to guidance from the National Association of Insurance Commissioners, homeowners insurance assists households in recovering from natural disasters by covering repair or rebuilding costs, replacing damaged belongings, and funding temporary living expenses. This support helps families maintain financial stability. Policyholders are advised to review deductibles, document losses promptly, and understand exclusions such as flood or earthquake coverage to ensure comprehensive protection.
Recent data reported by PolicyGenius indicate that about 6% of insured U.S. homes filed at least one homeowners-insurance claim in 2020. From 2016 to 2020, the average payout for property-damage claims was $13,962, with wind and hail accounting for roughly a third of all claims.
Research from the Natural Resources Defense Council (NRDC) shows that homeowners with adequate insurance recover more fully from disasters. In contrast, underinsured or uninsured families face greater long-term financial losses. The NRDC notes that rising premiums and “insurance failures” between 2020 and 2023 have left many households unable to cover rebuilding costs, widening the gap in recovery outcomes.
Bilton is a financial advisor with Edward Jones who previously spent two decades as a teacher and coach before transitioning into financial services. According to his Edward Jones profile, he focuses on risk management and integrates homeowners insurance considerations into broader financial-planning strategies for individual clients.
