More than $ 875 million in insured damage after the May hurricanes in Quebec and Ontario

This amount ranks the storm – also called derecho – the sixth most expensive claim in Canada, in terms of insured damage. In particular, it surpassed the floods in British Columbia last year.

In Ontario, insured losses are estimated at $ 720 million. In Quebec, they will reach $ 155 million.

Wind damage is usually covered by home or business insurance policies or car insurance policies without collision or distress, the Insurance Bureau of Canada (IBC) said in a press release.

The wind caused most of the property damage, it added, although there was also heavy rain and hail.

Because this is an important event that is insurable, insurers have been there from day one, striving to help their customers through the claims process. They are also present, until all the claims of their policyholders are processed.said Kim Donaldson, vice-president, Ontario, of BAC.

The storm front, which mainly affected Outaouais, Laurentians, Lanaudière, Mauricie and Capitale-Nationale in Quebec, caused the deaths of at least 11 people in Ontario and Quebec as well as thousands of power outages. electricity for a few days.

Government action was requested

While eight of the 10 most costly natural disasters in Canada have occurred since 2011, the BAC said wish the adoption of a national adaptation strategy that will translate into concrete short-term measures that will enhance Canada’s climate defense.

The hurricane ranking in May as the sixth highest insured losses in Canada was a sad reminder of the growing danger posed by climate change to communities across the countryWrite the BAC in a press release.

Moreover, the BAC asking for inexpensive, but effective changes to national and provincial building codes.

The BAC specifically mentions the importance of investing in infrastructure to reduce the impact of floods and fires on Canadians and to further develop the territory.

Homes and businesses should be outside the most dangerous areas, it added.

The most expensive natural disaster in terms of settling claims remains the fire at Fort McMurray in 2016 ($ 4 billion), followed by an ice storm in the east of the country in 1998 ($ 2.3 billion), according to data from CatIQ.