News
How much coverage do you really get with basic insurance?
20+ hour, 57+ min ago (99+ words) CBC How much coverage do you really get with basic insurance? A vehicle collision last month has left an Edmonton university student with more questions than answers. In his battle for compensation, Josh Davies found he wasn’t as covered as…...
Ottawa woman with 'enhanced' flood insurance has water damage claim denied
4+ day, 3+ hour ago (110+ words) CBC Ottawa woman with 'enhanced' flood insurance has water damage claim denied The CBC's Jayden Dill sat down with Margaret Cooper who has 'enhanced' flood insurance but still had her claim denied after an intense storm on Canada Day flooded…...
She had 'enhanced' flood coverage, but her insurer still denied her claim | CBC News
4+ day, 15+ hour ago (1008+ words) Margaret Cooper got a surprise on Canada Day when she stepped in a puddle of water on the vinyl floor of her basement in Ottawa's Crystal Beach neighbourhood. She ran to grab towels and returned to find "water coming from…...
How extreme weather makes life more expensive for Canadians | CBC News
1+ week, 3+ day ago (875+ words) Wildfires in B.C. and the Northwest Territories. Floods in Manitoba. Heat waves in Eastern Canada. And it's only early July. Such events are devastating for the people and communities affected. They're also increasingly hitting Canadians in the wallet, according to a…...
Extreme weather part of 400% hike in Alberta home insurance premiums over 20 years: StatsCan | CBC News
1+ mon, 1+ day ago (793+ words) Data suggests homeowners' insurance in Alberta increased nearly five times in a 20-year period — the highest increase of any province. That data, part of a study released by Statistics Canada on Tuesday, indicates homeowners' insurance premiums in Alberta went up…...
Insurance companies look to new ways to gauge wildfire risk
1+ mon, 1+ week ago (173+ words) There's a shift in how insurance companies are calculating risk and it could affect premiums. They're using advanced tools like satellite imagery and laser scanning to assess individual properties. Amanda Dean, vice-president of the Insurance Bureau of Canada for Ontario…...
Why your next home insurance premium could depend on laser scans, not past fires | CBC News
1+ mon, 1+ week ago (385+ words) When Tricia Murray rebuilt her home in Hammonds Plains, N.S., after the devastating 2023 wildfires, she expected her insurance premiums to soar. Her original house was purchased in 2017 for $253,000, while her newly rebuilt home cost more than $700,000. Instead, her premium dropped by…...
What people in northern Ontario need to know about flood insurance after a soggy spring | CBC News
1+ mon, 4+ week ago (653+ words) People across northeastern Ontario are being urged to carefully review their home insurance policies after spring flooding left significant property damage across the region and, in many cases, uncovered losses that homeowners say they did not expect. The flooding—driven…...
Public housing waitlist hits all-time high
2+ mon, 5+ day ago (130+ words) CBC Public housing waitlist hits all-time high The New Brunswick government is building some of the first public housing units to open in the province in about 40 years, according to the minister responsible for housing. But it comes at a…...