Over 3 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

Get an Insurance Quote today and see how much you can save.

  • Andrew

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

Changes to Your Ontario Auto Insurance [Updated]

You may have heard rumblings about the changes to your auto insurance; in fact, you’ve probably received something in the mail about it. Learn more about the changes that are now a reality. Read more »

School’s out and the Kids Are Home for the Summer

School is Out for the sumemerWith a bag full of laundry, many university and college students have returned home for the summer. With their return, comes a few housekeeping items (other than laundry) that need to be revisited. Read more »

The Ultimate List on How To Save on Car Insurance – Over 37 Genius Ways!

There are many ways to save money on your car insurance. In fact, we’ve identified 37 of them and some of the tips could even save you as much as $700. Read more to see how you could be saving today. Read more »