I’m Here for the free stuff: Preventive Health Care 101
Citing data from Catastrophe Indices and Quantification Inc. (CatIQ), Insurance Business Canada has reported the windstorm that hit Ontario and Quebec in May caused a total of $410 million in insured damages. Of that $410 million, $380 million of the damages happened in Ontario, making it their costliest insurance disaster since the Toronto flood of 2013.
Environment Canada said wind guests reached 120 km/h, culminating in power outages for nearly 400,000 people in Ontario and Quebec. Along with the power outages, trees were knocked over and many homes suffered roof and siding damage.
The first five months of 2018 saw five severe storms hit Ontario, all one-upping the previous storm in financial impact.
- January – winter storm in Toronto, London and SW Ontario resulted in $10 million in damages
- February – winter storm in southern Ontario resulted in $40 million in damages
- Early April – wind and rain storms hit southern Ontario again, with $79 million in damages
- Mid-April – winter and ice storms in Toronto and SW Ontario resulted in $187 million in damages
- May – windstorm causes $380 million in damages across Ontario
Not listed above are the thunderstorms that hit southern Ontario just yesterday. The thunderstorms knocked out power for over 50,000 people. The Weather Network confirmed a tornado touched down in Haldimand and Norfolk counties during yesterday’s storms. Peak winds during the tornado hit 160 km/h.
The worrying trend of more frequent and severe storms in Ontario highlights the need to have the proper insurance on your vehicle and home.