Many residents of Atlantic Canada may not be able to access coverage for all the damages caused by Fiona due to a lack of insurance covering storm-related floods.
The total cost of damages caused by post-tropical storm Fiona is yet to be determined but estimated insurable losses in Atlantic Canada could be in the hundreds of millions.loss estimates currently range between $300 and $700 millionBut, many residents of Atlantic Canada may not get coverage for all the damages caused by Fiona due to a lack of insurance covering storm-related floods.
Dean said that water damage that might be caused in basements when falling trees and other debris punch holes through a house will require additional water damage insurance which is often not included in standard home insurance policies.Dean said that claimants don't need to necessarily wait for an insurance officer before clearing up their homes, as long as it’s safe to do and the damages have been properly documented.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Fiona aftermath: Many Canadians could be left without insurance coverage - BNN BloombergMany Canadians are assessing the damage caused by Hurricane Fiona, after strong winds and heavy rainfall whipped through Eastern Canada over the weekend.
Read more »
Furey: Devastation in Port aux Basques is “Unbelievable”Premier Andrew Furey is on the southwest coast, calling the devastation caused by Hurricane Fiona 'unbelievabl...
Read more »
Trudeau in P.E.I. to inspect extensive damage caused by post-tropical storm Fiona | National NewswatchNational Newswatch: Canada's most comprehensive site for political news and views. Make it a daily habit.
Read more »
Insurance claims from Hurricane Fiona could reach $700-million, but flood damage from storm surge won’t be coveredMuch of the recovery costs from post-tropical storm Fiona that swept through Canada’s eastern provinces on Saturday will likely be borne by homeowners and government disaster financial assistance programs
Read more »
West Coast water too cold for tropical storms, experts sayTropical cyclones like Fiona, which devastated parts of Atlantic Canada, require two things the West Coast does not have – warm water and the kind of winds that will carry the storm inland
Read more »