IBC reports $230M in insured damage from Edmonton and surrounding storms
Two storms at the end of May and beginning of June generated massive claims for homes, businesses, and vehicles across the metro area, with more damage expected from mid-July storms.
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Two storms have resulted in almost $230 million in insured damage in Edmonton and surrounding communities, according to the Insurance Bureau of Canada.
The majority of the claims from storms at the end of May and beginning of June came from homes, though businesses and vehicles were also significantly impacted by flooding. "These were pretty significant events that impacted Edmontonians," said Rob de Pruis, a representative with the bureau.
Claims and data are still being gathered from more recent storms that hit in mid-July, meaning the final total will increase. The storms serve as a reminder for homeowners and renters to review their policies closely. The insurance bureau noted that coverage for damage from events like overland flooding and sewer backups is not included in most standard home insurance — it requires additional coverage.
The facts
How much insured damage did Edmonton storms cause?
Almost $230 million in insured damage resulted from two storms at the end of May and beginning of June in Edmonton and surrounding communities, according to the Insurance Bureau of Canada.
What types of property were damaged in the Edmonton storms?
Homes received the majority of claims, though businesses and vehicles were also significantly impacted by flooding from the storms.
Is overland flooding covered by standard home insurance in Canada?
Coverage for overland flooding and sewer backups is not included in most standard home insurance policies and requires additional coverage.
