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More storms could mean higher insurance premiums

Tornadoes likely covered as wind damage by most policies, says Insurance Bureau More frequent weather events in the national capital region will likely mean higher insurance premiums, but that’s an issue faced by communities coast to coast, according to the Insurance Bureau of Canada. In recent years, the Ottawa area’s been battered by a flurry of storms, including last year’s derecho, six tornados back in 2018, and now one in Barrhaven that ripped shingles from roofs and left windows shattered Thursday afternoon. “These natural disasters are becoming bigger and more expensive in termsRead more