As weather-related disasters mount, some Canadian homeowners can’t get insurance coverage - News Summed Up

As weather-related disasters mount, some Canadian homeowners can’t get insurance coverage


WATCH | Extreme weather makes Canadian homes harder, more expensive to insure:Début du widget Widget. Fin du widget Widget. Extreme weather makes Canadian homes harder, more expensive to insureClimate change has made extreme weather more common in Canada. The report underscores concerns about the growing economic cost of weather-related disasters made more frequent and severe by climate change — and the rising cost of insurance coverage for homeowners. There are about 1.5 million homes across the country that simply cannot get affordable flood insurance today.


Source: CBC News January 10, 2024 20:34 UTC



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