Natural disasters are the fifth most common cause of bankruptcies in the U.S. (Credit: cherylvb/Adobe Stock)

Many people across U.S. now find themselves recovering from a series of intense summer weather events.

The National Oceanic and Atmospheric Administration (NOAA) reported four new billion-dollar disasters in June 2024 alone, including Category 5 Hurricane Beryl in the South, catastrophic flooding in the Midwest and record-breaking heat waves across the country.

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