Calgary Hailstorm Causes Estimated $2.8B in Insured Damage

An Overview of the Catastrophic Event

On June 13, 2022, Calgary experienced a devastating hailstorm that left a trail of destruction in its wake. The storm, which lasted for approximately 45 minutes, unleashed golf ball-sized hail that shattered windows, damaged vehicles, and caused extensive damage to buildings and infrastructure.

According to the Insurance Bureau of Canada (IBC), the hailstorm has resulted in an estimated $2.8 billion in insured damage, making it one of the costliest natural disasters in Canadian history. The damage is widespread, affecting residential, commercial, and industrial properties across the city.

Assessing the Damage

The hailstorm caused significant damage to buildings, with broken windows and damaged siding being the most common issues. Roofs were also heavily impacted, with many homes and businesses experiencing punctures and dents. Additionally, the storm caused damage to vehicles, with broken windshields and body panels being common.

The hailstorm also caused disruptions to infrastructure and utilities. Power lines were downed, leaving thousands of residents without electricity. Transportation was also affected, with roads being closed due to debris and damage to vehicles.

Insurance Claims and Recovery

Following the hailstorm, insurance companies have been inundated with claims from affected property owners. IBC has advised policyholders to contact their insurance providers as soon as possible to report damage and initiate the claims process.

Insurance companies are working diligently to process claims and provide support to affected residents. However, due to the حجم كبير of claims, it may take some time for all claims to be settled.

Government Assistance

The Government of Canada has announced financial assistance for residents affected by the hailstorm. The Disaster Financial Assistance Arrangements (DFAA) provides funding for essential emergency measures, such as temporary housing and repairs to essential infrastructure.

Residents who are unable to obtain insurance coverage or who have exhausted their insurance benefits may be eligible for assistance under the DFAA. More information about the DFAA is available on the Government of Canada website.

Conclusion

The Calgary hailstorm of June 13, 2022, was a devastating event that caused significant damage to property and infrastructure. The estimated $2.8 billion in insured damage makes it one of the costliest natural disasters in Canadian history.

Insurance companies are working to process claims and provide support to affected residents, while the Government of Canada has announced financial assistance for those who are unable to obtain insurance coverage.