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in canada water is the new fire
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M***@kymhorsell.com
2018-05-13 11:45:03 UTC
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<https://globalnews.ca/news/4191585/what-climate-change-means-for-homeowners/>

`This is a huge shock to us': What climate change means for home insurance

RELATED:
* Here's how much climate change can cost homeowners in damages
* Ice storm slams southern Ontario


Erica Alini
12 May 2018 6:00 am

[image] Leanne Johnston's backyard after the wind storm that hit Toronto
on May 4.

When Leanne Johnston considered home insurance options for her brand
new home some 6 years ago, a $5,000 deductible seemed to make a lot
of sense on $2 mn worth of coverage.

Coming up with that kind of cash wouldn't have been an issue at the
time, Johnston, who works at a benefits consulting firm, told Global
News. And her parents' advice echoed in her head: "Never ever make a
claim" -- unless you absolutely have to.

Johnston reckoned she might never need to use her insurance, anyways.

But that all changed on May 4, when a freak windstorm ripped through
the Greater Toronto area including Johnston's backyard near the
Scarborough Bluffs, at the eastern end of the city.

Johnston and her husband came home to find that the wind had uprooted
four out of their 5 large, healthy trees. In falling, they had
smashed a 100-foot fence as well as the family's shed and a large
Costco playground.

With 2 kids in daycare, $5,000 suddenly seemed like a lot of money to
pay to get the insurance to kick in.

"This is a huge shock to us," Johnston told Global News.

Expect to make more frequent claims

Many Canadians may soon experience what Johnston is going through,
experts told Global News.

With extreme weather becoming more and more common, the probability of
having to make several, relatively lower-value insurance claims is
going up, according to Blair Feltmate, head of the Intact Centre
on Climate Adaptation at the University of Waterloo. And so is the risk
of living through a life-wrecking event, of the kind that makes
$100,000 worth of damage to your basement, he added.

"The weather and experiences of the past are [no longer] a predictor of
the weather and experiences of the future," Feltmate told Global News.

Homeowners should opt for policies with lower deductibles and higher
coverage limits, he said. The math will likely work in your favour even
knowing that your premiums rise after making a claim, he added.

...

--
Al Jazeera Weather @AJEWeather 12 May 2018 06:05Z
Wildfires remain uncontained across TX Panhandle

Soaring autumn temperatures set new record in Perth
ABC News, 12 May 2018 06:22Z
If you thought the 32-degree day in Perth felt a little odd for this time of
year, you'd be right - today's temperatures set a new autumn record.

Najib Razak and his wife barred from leaving Malaysia
ABC News, 12 May 2018

Guns found at scene of Margaret River murder-suicide belonged to grandfather
ABC News, 12 May 2018 06:25Z
Three firearms licensed to Peter Miles, who was found dead along with six
others - including his 4 grandchildren - in a suspected murder-suicide
near Margaret River are recovered at the crime scene, police say.

Dog-like robot to hit stores next year as security guards
New York Daily News, 12 May 2018 07:49Z

Kenya floods: Search for survivors continues
Aljazeera.com, 12 May 2018 11:33Z

Mike Hudema @MikeHudema 12 May 2018 12:49Z
Temperatures at the north pole are 30-35 degrees above normal. That's not
good: https://buff.ly/2KLKcxm #ActOnClimate #climate #energy #cdnpoli
#stopKM #WaterIsLife
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Assaad Razzouk @AssaadRazzouk 12 May 2018 13:43Z
Accumulated Gross CO2 Emissions 1750-2013:
Top 10 Countries (Gigatons of Carbon)
1 USA 102.65
2 China: 44.90
3 Russia: 28.87
4 Germany: 23.56
5 UK: 20.92
6 Japan: 15.29
7 India: 10.87
8 France: 9.93
9 Canada: 7.94
10 Poland: 6.96
#climate #lossanddamage
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Mother's Day 2018: Near-record heat, storms may interfere with many
outdoor celebrations
AccuWeather.com, 12 May 2018 14:34Z

Tropical storms more likely than typhoons this summer
The Guam Daily Post, 12 May 2018 14:37Z

North Korea Invites World to Watch the Closing of Nuclear Test Site
New York Times, 12 May 2018 16:32Z

35 sickened in salmonella outbreak linked to massive 200M egg recall
WLS-TV, 12 May 2018 17:40Z

For 6 years Jono the orangutan was locked in a tiny cage, now he's
nearly free
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ABC 7.30, 09 May 2018 4:39pm
This mission has been planned for months. Animal welfare volunteers and
Indonesian govt officials had been working to get Jono out since last
year when Jono's presence at the centre was revealed by the ABC's Foreign
Correspondent program.

Susitna River floods Alaska Railroad tracks near Talkeetna
KTVA, 13 May 2018 00:09Z

Extreme weather causes flooded basements in metro Detroit
Fox 2 Detroit, 13 May 2018 01:10Z
Wally W.
2018-05-13 16:33:26 UTC
Permalink
Raw Message
Post by M***@kymhorsell.com
<https://globalnews.ca/news/4191585/what-climate-change-means-for-homeowners/>
`This is a huge shock to us': What climate change means for home insurance
IOW: It's worse than we thought.

Can't alarmists come up with a new cliche?

Was their creativity exhausted after "the debate is over" and "the
science is settled?"

Now they're left only with "repetition makes it True."
Byker
2018-05-13 20:41:54 UTC
Permalink
Raw Message
Post by Wally W.
Post by M***@kymhorsell.com
<https://globalnews.ca/news/4191585/what-climate-change-means-for-homeowners/>
`This is a huge shock to us': What climate change means for home insurance
IOW: It's worse than we thought.
Can't alarmists come up with a new cliche?
Was their creativity exhausted after "the debate is over" and "the science
is settled?"
Now they're left only with "repetition makes it True."
Admit it: Canucks secretly LUV global warming: https://tinyurl.com/ycxpfoz5
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