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British Columbia wildfires: Insurance Bureau of Canada provides insurance guidance
['Posted', 'Rattan Mall']
Indo-Canadian Voice
WITH out-of-control wildfires across British Columbia forcing evacuations and destroying properties, Insurance Bureau of Canada (IBC) is providing affected residents with key insurance information and recovery tips.
Insurance coverage for wildfires:Home insurance policies cover damage caused by fire, even if the fire began on a neighbouring property, as long as the fire was not started intentionally by the policyholder.
Most homeowner’s and tenant’s insurance policies cover any reasonable additional living expenses for a specified period of time.
Ask your insurance representative about the amount of living expenses you’re entitled to claim pursuant to your policy.
Affected residents can also visit IBC’s Wildfires & Insurance webpage to learn more about insurance and the various stages of the claims process.