Climate change and inflation affect insurance rates

Regional legal updates

Going away for the winter  

Make sure you know what your policy covers

If you’re a snowbird and going on vacation in the winter, you need to be aware of provisions under your condominium unit owner’s insurance policy relating to damage caused by freezing.

In this Market Insights bulletin, we consider a hot topic affecting all Canadians — inflation. We will look at how inflation relates to the increase in insurable values and how it can also influence the performance of the insurance industry.