After a summer of fires, one-third of Canadians unsure if they’re covered for worsening climate risk
BNN Bloomberg
A new survey from BNN Bloomberg and RATESDOTCA found that many Canadians are not familiar with the right insurance coverage to ensure their homes are protected from such climate risks.
These fires pose growing threats to both lives and property — but a new survey from BNN Bloomberg and RATESDOTCA found that many Canadians are not familiar with the right insurance coverage to ensure their homes are protected from such climate risks.
The survey, conducted by Leger in early September, asked 1,538 Canadians if they had contacted their insurance provider in light of the climate disasters that impacted the country this year. It found that only 14 per cent of Canadians contacted their insurer to review their coverage.
Meanwhile, 33 per cent said that they did not contact their insurer and are unsure whether they have adequate coverage to protect them from climate risks.
