After 20+ years of lobbying, the Canadian insurance industry is crossing their fingers for an earthquake plan to be included in the upcoming federal budget.
Here’s why insurers say they need government backing for an extreme earthquake that probably won’t happen in your lifetime:
nationalobserver.com
Insurers ‘very hopeful’ public-private earthquake coverage plan could be included in federal budget
Experts say a major earthquake will eventually affect Canadians. Insurers are lobbying the federal government to come up with a plan that will help pay for any damages.