HALIFAX, April 1, 2014 /CNW/ - Although spring arrived almost two weeks ago, winter weather conditions continue to wreak havoc across Atlantic Canada, with power outages, freezing rain, ice pellets, and snow storms battering all four Atlantic Provinces.
Insurance Bureau of Canada (IBC) has tips for consumers who have sustained property damage. You are reminded to check the coverage provisions in your home and automobile insurance policies. "Damages should be reported as soon as possible to your insurance agent, broker and company," says Amanda Dean, Vice-President, Atlantic.
Consumers are reminded that coverage may vary among policies for homeowners and tenants. Damage to property, homes or cottages caused by falling branches or trees is usually covered. Damage to trees and shrubs may be covered up to certain limits and exterior antennae is not normally covered for damage caused by windstorm or hail, weight of ice, snow or sleet.
Losses sustained because of food spoilage in freezers resulting from the interruption of an electrical current from an external source are normally covered by home insurance policies up to an amount of $1,000.00 or more, depending on your policy.
Damage to vehicles caused by fallen branches or trees is covered under the comprehensive section of an automobile insurance policy. However, this coverage is not mandatory and policyholders are advised to check their policy.
All claims are subject to the deductible stated in the policy.
Dean added, "IBC's consumer info centre is open 24 hours a day. Call 1-800-565-7189 x228 for any questions you may have."
About Insurance Bureau of Canada
Insurance Bureau of Canada (IBC) is pleased to celebrate 50 years as a valuable resource for insurance information. Since 1964, IBC has been working with governments across Canada to make our communities safer, championing issues that directly affect Canadians and the property and casualty (P&C) insurance industry. IBC is the national industry association representing Canada's private home, car and business insurers. Its member companies represent 90% of the P&C insurance market in Canada. The P&C insurance industry employs over 118,600 Canadians, pays more than $7 billion in taxes and levies to the federal, provincial and municipal governments, and has a total premium base of $46 billion.
To view media releases and other information, visit the media section of IBC's website at www.ibc.ca. Follow IBC on Twitter @InsuranceBureau or like us on Facebook.
If you require more information, IBC spokespeople are available to discuss the details in this media release.
SOURCE: Insurance Bureau of Canada
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