๐Post tropical storm Fiona has been deemed as the costliest storm that has ever hit Atlantic Canada, the bill is expected to cost $700M and yet most damage and its financial toll won't be covered by insurance. Analysts at DBRS Morningstar estimate that the storm, which ripped through Nova Scotia, New Brunswick, Prince Edward Island, Newfoundland and Eastern Quebec last weekend, caused between $300 million and $700 million worth of insured losses to the local economy. While homeowners are likely to discover that most flood damage isn't covered, businesses in the region will probably be in better shape from an insurance perspective.โ . . #fiona #stormfiona #fionainsurance #insuranceforfiona #insurancebill #fionastorm #insurancebill #weathernews #canadaweathernews #dailynewscanada #candadianmallu #mnm #malayalisnearmeapp #canadaupdate #canadanews
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