Over 2 million insurance quotes
Enter your postal code:

Weathermageddon – How much damage the weather caused in 2013 [INFOGRAPHIC]

January 23, 2014

The Insurance Bureau of Canada recently released their findings on the impact the big weather storms of 2013 had on insurance and oh boy, it was a doozy. Turns out 2013 was a record-breaking year – Companies paid out 3.2 BILLION dollars to policyholders. That’s almost a 1.2 billion dollar increase from the previous high.

Don Forgeron, President and CEO of IBC had this to say:

“In 2013, the terrible effects of the new weather extremes hit Canadians hard. From the Alberta floods last summer to the ice storms in Ontario and Atlantic Canada over the holidays, frankly, bad weather hit insurers hard, too.”

And just in case you want to see ALL weather related stories of 2013, Environment Canada releases this list every year.

Be sure to check in with your insurance providers and get the coverage you need – as you might not be covered for everything in your policy. Times are a-changing, and with that it seems, so is the weather.

picture of top weather stories of 2013

  • Andrew

    More weathermageddon coming now. Tons of flooding that Toronto will have a hard time keeping up with.

How To Find A Good Moving Company: A Checklist

When moving day comes, how do you know who to trust with your belongings? This checklist will help you find the right moving company for you. Read more »

How To Protect Yourself When Buying A Home From A Developer Before It’s Built

Buying a home before it’s built isn’t without its risks. Learn how you can minimize your home-building and home owning headaches so you can enjoy your new dream abode. Read more »

OPP Kicks Off Fall Seat Belt Campaign. Are You Buckled Up?

Buckle up. Starting September 24 and going until October 10, 2014, the Ontario Provincial Police (OPP) will be cracking down on drivers, and passengers, who are not properly secured in the vehicle. As the U.S.-based National Highway Traffic Safety Administration puts it, “Click it Or Ticket.” Read more »