Insurance companies likely won’t have to pay for most of Hurricane Fiona’s damages

Insurance companies - Hurricane Damage - Home Damage

The majority of the damage caused by flooding from the storm surge isn’t included in most policies. Though the amount of insured damage caused to Atlantic Canada by Hurricane Fiona is expected to reach about $700 million, insurance companies likely won’t have to foot the bill for most the damage the storm left behind. Hurricane Fiona could become the costliest storm to hit that part of the country, including 5 provinces. Insurance companies likely won’t be taking the brunt of the massive damage total wracked up by Hurricane Fiona since…

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