Yesterday, February 1st 2024, an earthquake was felt throughout the region of Huntingdon. It was of a magnitude 3.2 on the Richter scale, according to Séisme Canada.
Earthquakes are natural phenomena that can cause significant damage to homes and property. In Quebec, the risk of earthquakes is real, especially in the regions between Montreal and Ottawa. According to the Insurance Bureau of Canada, the probability of an earthquake with a magnitude greater than 6 occurring in the next 50 years is 5 to 20% depending on the region where you live.
Yet, few Quebecers are protected against this risk. In fact, only 4% of policyholders have earthquake insurance, while 33% mistakenly think that their basic home insurance policy covers them. However, this is not the case. Damage resulting from shaking is excluded from home insurance contracts and must be subject to a specific endorsement.
Earthquake insurance allows you to be covered for damage caused to your buildings and your posessions in the event of an earthquake. This way, you avoid suffering significant financial losses that could affect your quality of life and that of your family.
If you are not sure that you have adequate protection against earthquakes, contact us today.
We will help you assess your needs and find the solution that suits you.
Don't let the earth shake under your feet without being protected first!
For any questions, do not hesitate to contact our brokers : 1 866 961-3553
