Canadian Insurers Handling Hurricane Claims
Thursday, October 2nd, 2003 Catastrophe PropertyThe Insurance Bureau of Canada has issued a bulletin reassuring consumers that their property insurance will respond to storm-related damage caused by Hurricane Juan, which struck Nova Scotia and Prince Edward Island last weekend (See IJ Website Sept. 29). "Most homeowner and automobile policies will cover damage caused by windstorm, including broken windows. Additionally, sewer backup may be covered by special policy coverage," said the IBC. "When this kind of extreme weather hits, the priority for Canada‘s Property and Casualty insurers is to assist in putting people‘s lives back to normal," stated Don Forgeron, IBC VP, Atlantic. "People need to know that insurance covers this kind of windstorm damage."
External References & Further Reading
http://www.insurancejournal.com/news/newswire/international/2003/10/02/32810.htm



