Featured NewsTornadoesDamage from wind is usually covered by insurance. Take precautions and ask your insurance representative to confirm what losses may be covered. Click to learn more.Featured NewsWinter SafetyCanadian winters are tough. From coast-to-coast we all need to be prepared for winter’s wrath. And preparation should start as soon as possible. Featured 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 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. 44 New and Trending Media ReleaseInsurance Bureau of Canada Statement: Speech from the ThroneNovember 23, 2021 (OTTAWA): Today, the federal government's Speech from the Throne committed to strengthening action to prevent and prepare for floods, wildfires, droughts, and other extreme weather worsened by climate change...Media ReleaseIBC’s top 10 tips to reduce insurance premiumsNovember 1, 2021 (TORONTO) – November is Financial Literacy Month in Canada, understanding your insurance policy is an important part of overall financial literacy.Media ReleaseClimate Proof Canada’s COP26 Media StatementNovember 1, 2021 (OTTAWA) – This summer, Climate Proof Canada sent a clear message to government: Yes, we need a strong offence against climate change and we must cut carbon emissions.Media ReleaseBarrie-and-area tornadoes insured damage increases to $100 millionOctober 28, 2021 (TORONTO) – The estimated insured damage of the six EF-2 strength tornadoes that hit Barrie-and-area on July 15 has increased from $75 million to $100 millionMedia ReleaseSouthern Ontario storms cause $105 million in insured damageOctober 25, 2021 (TORONTO) – Storms that hit southern Ontario on September 7 and September 22 caused $105 million in insured damage, according to initial estimates from Catastrophe Indices and Quantification Inc. (CatIQ). 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.