Home Insurance Affordability: Implications for the Insurance Industry in Canada

The Insurance Institute is pleased to release the latest publication in the Emerging Issues research report series, Home Insurance Affordability: Implications for the Insurance Industry in Canada.

The report, written by Paul Kovacs, Senior Researcher at the Insurance Institute, examines the factors influencing the affordability, adequacy, and availability of home insurance, with a focus on rising losses from flooding, wildfire, and storms.

The report will help industry professionals:

• Understand trends affecting home insurance affordability
• Examine the impact of severe weather losses
• Assess risks to coverage and market stability
• Explore the role of disaster risk reduction

As climate-related losses and claims costs continue to rise, pressures on homeowners and insurers are expected to intensify.

Download the report to explore the forces shaping home insurance affordability in Canada.