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Home owners, buyers face increasing risk from climate disaster. Insurance experts say it's challenging | CBC News

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Home owners and buyers are facing increasing risks from climate disasters. Insurance experts say it is creating challenges. Eileen Moore has lived on a waterfront property near the Shubenacadie Lakes System for a couple years. Her property falls within a floodplain for a once-in-a century flood. When CBC approached her to ask if she had any concerns, she said she hadn't known her home was on a floodplain. Earlier this month, Halifax Regional Municipality identified more than 1,200 properties near the Shubenacadie Lakes System likely to be affected by major floods. The study, released on the municipality's website, includes an interactive map predicting floodplains for 1-in-20 and 1-in-100 year floods. Moore said she's not very concerned because her house is elevated and the event is unlikely. "But I do need to check my insurance because I'm not sure I have flood insurance for [if] it gets into my garage, my basement." In 2023, heavy rainfall caused some flooding on Moore's street. Her

Home owners, buyers face increasing risk from climate disaster. Insurance experts say it's challenging | CBC News Home owners, buyers face increasing risk from climate disaster. Insurance experts say it's challenging | CBC News Loaded Nova Scotia Home owners, buyers face increasing risk from climate disaster. Insurance experts say it's challenging Home owners and buyers are facing increasing risks from climate disasters. Insurance experts say it is creating challenges. One Halifax real estate broker says it should be easier for public to find out likelihood of disasters Olivia Piercey · CBC Ne

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