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Last year was extremely challenging for North American disaster-response teams. They had to deal with devastating wildfires in British Columbia and California, tornadoes in Ontario and Quebec, and full-scale flooding across Canada. According to the Insurance Bureau of Canada, weather-driven insurance claims have more than quadrupled over the last decade.
The Polar Vortex is back! Ontario (and much of North America) has been in the grip of a deep freeze, but with a sudden warm front comes a big melt. The combination of deep snow, rapidly warming temperatures and rain creates perfect conditions for winter flooding.
In 2018, insurance damage from severe weather in Canada reached $1.9 billion, most of which was due to flooding. The sudden, unpredictable shift in weather can wreak havoc and cause costly damage to properties. As a commercial property owner, property manager or homeowner, the best strategy is to take preventive measures.