Theft and Vandalism

Theft and Vandalism

Unlike natural disasters, theft and vandalism may also cause homes to be unavailable, leaving families without security.

In 2011, private Premiums & Claims insurers wrote $8.2 billion in net written premiums for personal property insurance and paid out $5.3 billion in net claims incurred.

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Hail and Wind

Hail and Wind

For each year from 2009 to 2012, insured losses from natural catastrophes in Canada have been near or above $1 billion. In 2011, losses hit 1.7 billion. In 2012, losses were again 1 billion.

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Water Damage and Sewer Back-up

Water Damage and Sewer Back-up

• The increasing incidence of severe weather is a growing risk that disrupts lives and costs billions of dollars.

• Damage caused by severe weather has emerged in recent years as the leading cause of property insurance claims and now exceeds fire damage in some regions of the country.

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Fire and Smoke

Fire and Smoke

The Slave Lake fire that ravaged a remote area of Alberta and caused $700 million in insured losses in the spring to 2011 was the largest catastrophe of the year.

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