I put this originally in the "Alberta Flood Watch 2013" thread but I was curious about what people are seeing for increases (or not). Hope it's cool to do a separate thread on this.
http://www.cbc.ca/news/canada/calgar...alberta-w.html
Homeowners in Alberta can expect to pay at least 30 per cent more for insurance, industry insiders warn.
Rizk said he heard rates could spike as high as 60 per cent for some customers, depending on factors such as their claims history, how long they have owned their property and where it’s located.
“So theoretically if you’re paying a thousand bucks in insurance last year on your home you could see a $1,600 premium — a $600 increase. “