IBC Provides Insurance Advice Following Ontario Tornado

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After Environment Canada confirmed that a tornado hit southeastern Barrie, Ontario yesterday, the Insurance Bureau of Canada (IBC) issued a notice to policyholders in the area.

IBC reiterated in its opinion that insurance representatives can help policyholders confirm the coverage they have. The office also noted that most of the damage caused by wind and rain is covered by homeowners’ insurance, as well as losses from flying debris or fallen trees, losses to the house and the contents of the house. water entering through openings caused by the wind.

The office also said that damage to vehicles caused by wind or water is only covered with full coverage. This type of coverage is optional, so policyholders should first check with their insurance representative to confirm if they have it.

For owners unable to stay in their accommodation due to insured damage, they may be entitled to additional living expenses, IBC also said.

“Our hearts go out to all affected by this important weather event, and we thank the first responders who rushed to the scene to ensure the personal safety of those living in the area,” said Kim Donaldson, vice president of ‘IBC Ontario. “It’s a traumatic event. Rest assured that anyone whose property or vehicle has been damaged can contact their insurance representative when they are ready to begin the claims process. “

Donaldson also encouraged all policyholders with general insurance questions to contact the IBC Consumer Information Center at 1-844-2ask-IBC.

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