Hurricane Igor insured damage tag estimated to be more than $65 million

Property Claim Services Canada (PCS Canada)’s preliminary estimates put total insured losses caused by Hurricane Igor at more than $65 million, reports Insurance Bureau of Canada (IBC).
The amount includes damage caused by wind, sewer backup, fallen trees and water entering homes through broken windows, roofs and walls. It does not include overland flooding, which is excluded from home insurance policies in Canada, an IBC release says.
“The $65-million estimate in insured losses really drives home the incredible extent of the destruction to homes and property,” said Bill Adams, IBC’s vice president of the Atlantic region. “It’s devastating for those who have been affected.”
Adams said the insurance industry has been working around the clock to handle claims since Igor struck. “Though the process may take more time than usual because of the number of claims, cheques are being issued and the industry will continue to help people recover,” he said.
IBC describes the storm as one of Newfoundland and Labrador’s most disastrous storms.