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Am I covered for water damage Posts

Hurricane season and homeowners: prepare with home insurance

Extreme-Weather_MC

Hurricane season in Canada starts in June and lasts until the end of November. This is when northern Atlantic Ocean waters are warm enough to support conditions for hurricanes, tropical storms and other severe weather. Atlantic Canada sees an average of six tropical storms a year. With a minimum wind speed of 120 kilometers per hour, torrential rainfall and storm surges, hurricanes can cause substantial damage to home properties.

MCT’s year in review: How 2015 impacted the world of insurance

MCT's 2015 year in review

As 2015 draws to a close, we want take this opportunity to look back on some of the noteworthy insurance-related topics we examined this year. These topics highlight insurance changes that were widely discussed in 2015, such as how insurance factors into accommodation sharing practices, innovations in technology and water damage to residences. Come with us as we look back on 2015.

Will your insurance cover water damage?

MCT - Will your insurance cover water damage

Over the last nine years, water damage claims have risen from 20 per cent to 50 per cent of all home insurance claims in Canada. We provide information on proactive measures you can take and examine what insurance does and does not cover.