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Home / 2017 / Wildfires caused more than 127 million dollars in damage according to IBC

Wildfires caused more than 127 million dollars in damage according to IBC
Insurance Bureau of Canada (CNW Group/Insurance Bureau of Canada)

Wildfires caused more than 127 million dollars in damage according to IBC

This past summer the province saw the worst wildfire season in recorded history.

The fires raging through the province caused more than 127 million dollars in insured damage.

According to the Insurance Bureau of Canada, it was two of the bigger fires that caused a majority of the insured damage.

The fires near the Williams Lake area alone caused almost 100 million dollars in insured damage to homes, cars, and businesses, while the Elephant Hill wildfire caused over 27 million in insured damage.

Vice President of IBC Aaron Sutherland says IBC insurers were on the ground in Kamloops, Prince George and across the province helping evacuees with their insurance-related questions.

Insurance Bureau of Canada (IBC) is the national industry association representing Canada’s private home, auto, and business insurers.

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