Tricia Thorpe faced a daunting challenge rebuilding her home after it was destroyed in the 2021 Lytton wildfire, as she did not have insurance coverage at the time. Thorpe emphasized that the loss of homes to wildfires is a common issue in the province.
While the exact number of homes lost to wildfires this year remains unknown, experts suggest that numerous families may have lost everything. Even those with insurance will encounter a lengthy and complex rebuilding process, according to Liam Corcoran, a lawyer and adjuster with Pythe Navis MDP.
Corcoran advised homeowners to thoroughly understand their insurance policies, as most policies cover fire damage but may only provide actual cash value rather than full replacement costs. This could result in a prolonged reconstruction period.
Annick DeGooyer, who lost her home in the 2023 McDougall Creek wildfire, highlighted the importance of documenting property before disasters. She and her family videotaped every room, aiding their insurance claim by providing detailed inventories.
Aaron Sutherland from the Insurance Bureau of Canada noted that insurance policies can assist with additional living expenses during emergencies, such as hotel costs and food. However, the entitlement amount varies based on individual circumstances.
Corcoran expressed concern over underinsured or uninsured homes in remote areas, attributing such situations to high insurance costs or the lack of fire protection infrastructure. He emphasized the need for homeowners to be aware of potential risks and adequately insure their properties.
