ST. PETERSBURG, Fla. – Natural disasters are becoming more frequent and costly. Financial advisors say it’s important to have an emergency fund, but many people affected by recent storms are overwhelmed.

Over the past three weeks, numerous Floridians have lost their homes, cars and all of their personal belongings.

Since 2013, Florida has spent nearly $400 billion due to severe weather events like Hurricanes Helene and Milton.

Mosaic Financial says anyone whose property was damaged by a recent severe storm should contact their insurance company, adding that property owners may also be eligible for FEMA assistance.

Credit cards can carry a high interest rate, so Mosaic Financial recommends considering a 401K loan as the interest rate will likely be lower than a credit card.

If you are having trouble paying your mortgage, Mosaic Financial encourages you to contact your mortgage lender and let them know that you were affected by a hurricane to see if there is anything they can do about it.

Those affected can apply for disaster assistance from FEMA.

Click here to see if you qualify.

Stay connected to FOX 13 TAMPA:

Sign up for FOX 13’s daily newsletter