Vancouver, British Columbia — The Insurance Bureau of Canada has reported that the June 30 wildfires in Lytton, British Columbia are estimated to have caused $78 in insured damage.
In addition, last Wednesday’s press release from IBC said that a majority of the roughly 300 claims issued are related to residential property damage.
“This wildfire has devastated the community. Canada’s insurers are here to help the residents of Lytton recover, and are committed to help rebuild from this loss,” said Aaron Sutherland, western and Pacific v-p of IBC.
“Anyone who has been impacted by this event, or with questions about their home or business insurance, should call their insurance representative or IBC’s Consumer Information Centre at 1-844-2ask-IBC.”
IBC sees events like this as opportunities to galvanize support for nationwide climate initiatives that aim to track and address the increasing climate risks that face environmentally vulnerable communities across Canada.
“As we continue to see the increasing impacts of our changing climate, it’s clear much more must be done to create a culture of preparedness and build our resiliency to the risks we face,” said Sutherland.
“We all must do better to prepare for wildfires, floods, heat, hail and windstorms. These perils are having an outsized impact on those most vulnerable and, as a result, we must greatly enhance our efforts to mitigate future change and adapt to the new weather reality we face.”
The amount of insured damage is an estimate provided by CatIQ (www.catiq.com) under licence to IBC.
