Featured NewsSevere Weather Caused $2.4 Billion in Insured Damage in 2020Featured NewsNature-Based SolutionsNature-based solutions are cost effective & under-utilized ways to protect Canadians from flooding & other climate risks. Learn more.Featured NewsCanadian cars at risk by air, land and seaInsurance Bureau of Canada’s Annual Top 10 List Shows New TrendsFeatured NewsBusiness Insurance Questions?IBC and its members are here to help protect businesses from risks and find solutions to ensure commercial insurance remains affordable. Click to visit our Business Insurance Help site. Featured NewsCyber criminals are attempting to take advantage of the upheaval caused by the COVID-19 pandemicFeatured NewsCOVID-19: Canadian home, auto and business insurance informationThese are uncertain and challenging times. With COVID-19 causing global concern, we understand many Canadians will have questions related to insurance. On this page you’ll find answers to FAQs about insurance and a brief Q&A document outlining how business interruption policies work. 66 New and Trending Media ReleaseSevere Weather Caused $2.4 Billion in Insured Damage in 2020January 18, 2021 (TORONTO) – Severe weather across Canada continues to highlight the financial costs of a changing climate to insurers and taxpayers.Media ReleaseNovember storm in Ontario caused $87 million in insured damageDecember 14, 2020 (TORONTO) – The November 15 storm in southern and central Ontario caused $87 million in insured damage...Media ReleaseCanadian cars at risk by air, land and sea - Insurance Bureau of Canada’s Annual Top 10 List Shows New TrendsDecember 2, 2020 (TORONTO) – Electronic theft from your own driveway, high-end vehicles stolen for shipment overseas, and the growing trend of street racing...Media ReleaseInsurers support small businesses with Business Insurance Action TeamNovember 23, 2020 (TORONTO) – The aim of BIAT is to help as many small business owners as possible who cannot secure insurance coverage in the hospitality sector find the insurance they need.Media ReleaseInsurers Partner With Federal And Provincial Governments To Ensure All Canadians Are Protected From FloodingNovember 23, 2020 (TORONTO) – Insurance Bureau of Canada (IBC) congratulates the federal government on the creation of the Task Force on High Risk Residential Flood Insurance and Strategic Relocation. How Car Insurance Premiums are CalculatedThe make, model and year of your car, the records of people who are insured to drive it and where you live are all considered by insurers when setting rates. You can lower your premium by making informed decisions.