Insurers must do more to educate Canadians about flood risk
Once-in-a-century floods are occurring with greater frequency and severity and current responses to this trend, by insurers and governments alike, are falling short.
Canadians are misinformed about basement flooding compensation, poll suggests.
It is simply a matter of time before all homeowners experience overland flooding, so preparedness should be in place now.
Climate Change and Insurance: A Looming Threat to the Economy
If a large number of property owners become uninsured, or ‘barely’ insured, the economic impact on the state will be much greater in the event of a catastrophe, because it will be forced to pick up the slack