As weather-related disasters mount, some Canadian homeowners can't get insurance coverage

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After a period of heavy rain last May, Humberto Pinochet watched helplessly as floodwater rushed into his artist’s studio and home in Baie-Saint-Paul, Que.

“I could see the level of the water go higher and higher,” Pinochet recalled.

His home ended up being a complete loss and was knocked down last fall.

Floods like the one in Baie-Saint-Paul, about 90 kilometres northeast of Quebec City, helped drive up insurance claims from extreme weather in 2023 to the fourth-highest total on record, according to a new report by the Insurance Bureau of Canada.

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WATCH | Extreme weather makes Canadian homes harder, more expensive to insure:

Extreme weather makes Canadian

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