The Impact of Summer Weather on Your Insurance Policies in Ontario
When summer arrives in Ontario, so do a variety of weather conditions that can significantly impact our lives. From thunderstorms and hailstorms to heatwaves and flooding, these weather events pose potential risks and challenges. In this blog, we will explore the implications of summer weather on your insurance policies in Ontario.
Summer weather brings with it an increased risk of severe storms and flooding. Homeowners should review their insurance policies to ensure they have adequate coverage. Standard home insurance policies typically cover damage caused by windstorms or hailstorms, but coverage for flood damage may require additional coverage or a separate policy. Understanding your policy’s terms and conditions, deductibles, and coverage limits is crucial. Consider taking preventative measures such as maintaining proper drainage systems, clearing gutters, and elevating valuable items to minimize potential damage.
Summer weather can also affect your auto insurance. Thunderstorms, heavy rain, and hail can lead to accidents and damage to vehicles. Comprehensive auto insurance typically covers weather-related damages such as hail dents or flooding. However, it’s essential to review your policy to ensure it provides the necessary coverage. If you live in an area prone to flooding, consider purchasing comprehensive coverage that includes protection against water damage. Remember to document any damage with photographs and report it to your insurance provider promptly on our MyMerit app. Summer weather also brings increased foot traffic. Cars are more prone to vandalism or theft during the warmer months.
3) Cottage or Recreational Property Insurance
Many Ontarians own cottages or recreational properties that they enjoy during the summer months. However, these properties are vulnerable to the impact of summer weather. Heavy rainfall or windstorms can cause significant damage, and the remoteness of some locations may make repairs more challenging and expensive. Review your cottage or recreational property insurance policy to ensure you have adequate coverage for weather-related risks. This may include coverage for windstorms, hail damage, and water damage. Additionally, consider adding liability coverage to protect yourself against potential accidents or injuries that may occur on your property.
4) Travel Insurance
Summer is a popular time for travel, but it’s important to consider the potential impact of weather-related disruptions. Severe storms can lead to flight cancellations, delays, or even complete trip cancellations. When booking travel, consider purchasing travel insurance that includes coverage for trip interruptions or cancellations.
Travel insurance covers weather-related delays or cancellations if they result in a delay of at least 30% of your trip on the scheduled common carrier and you decide not to travel. Additionally, if you miss a connection or have to interrupt your trip due to a delay caused by weather conditions, earthquakes, or volcanic eruptions affecting your connecting private passenger vehicle or common carrier, the insurance will provide coverage. The connecting vehicle or carrier should have been scheduled to arrive at your point of boarding at least two (2) hours before the scheduled departure time. Review the policy to understand the specific terms and conditions related to weather-related claims.
As summer weather in Ontario brings various risks and challenges, it is crucial to ensure that your insurance policies adequately cover potential damages and disruptions. Regularly review your policies, communicate with your Merit insurance broker, and make any necessary adjustments to protect yourself and your assets from the impact of summer weather events. Stay informed, stay prepared, and stay protected throughout this beautiful season.
