HALIFAX, Aug. 21 /CNW/ - As Hurricane Bill approaches Atlantic Canada,
Insurance Bureau of Canada (IBC) reminds people to prepare themselves, their
homes and their property for severe weather.
"The time to prepare is before the storm hits," said Bill Adams,
Vice-President, Atlantic, IBC. "While waiting for the storm, you should ensure
that lawn furniture is safely stored and that any damaged or dead tree
branches are removed from your yard. If possible, valuable property that is
stored in your basement should be relocated. And when the storm hits, remember
to stay away from windows that may shatter if an object strikes them."
If the storm causes property damage to your home, you should discuss your
coverage, and any deductibles, with your insurance professionals as soon as
possible. In addition, you should document all property losses, in order to
facilitate claims processing.
Most homeowner's policies will cover damage caused by hail or wind, such
as windows broken by falling trees or branches. Also, if water enters your
home through holes made by wind or hail, that water damage is usually covered.
Water damage in the basement due to a sewer back-up is also covered, if you
have purchased the sewer back-up add-on to your policy. Damage to cars from
wind, hail or water is usually covered, if you have comprehensive or all
perils coverage on your car.
Generally, any overland flooding that results in water seeping into
basements is not covered.
If consumers have questions, they are encouraged to contact IBC's
Consumer Information Centre in Halifax at 1-800-565-7189 x227 or 902-429-2730
Insurance Bureau of Canada is the national industry association
representing Canada's private home, car and business insurers. Its member
companies represent nearly 95% of the property and casualty (P&C) insurance
market in Canada. The P&C insurance industry employs over 110,000 Canadians,
pays more than $6 billion in taxes to the federal, provincial and municipal
governments, and has a total premium base of $38 billion.
To view news releases and information, visit the media section of IBC's
website at www.ibc.ca.
For further information:
For further information: Julia Gajewski, (416) 362-2031 ext. 4358