Practical Analysis

Ontario's $563 million storm estimate doesn't tell a homeowner what will be covered

Initial CatIQ estimates put September 2 and 3 storm losses in southern Ontario at $563 million. That's a measure of insured damage across the event, not a promise that every flooded basement, vehicle or roof will be covered.

Initial CatIQ estimates put September 2 and 3 storm losses in southern Ontario at $563 million. That's a measure of insured damage across the event, not a promise that every flooded basement, vehicle or roof will be covered.

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