While property insurance in Fort McMurray doesn’t differ greatly from property insurance in other cities, there are some specific risks to be aware of.
Wildfires: Fort McMurray is surrounded by boreal forest. As summers in the region have become hotter and drier, the risk of fires has increased. It’s important to protect your home against such events.
Flooding: Unfortunately, Fort McMurray is often forced to contend with another form of natural disaster: flooding. The city is built on a flood plain, and has experienced several major floods in recent years. In 2016, heavy localized flooding followed a major summer rain storm.
Tornadoes: While tornadoes are not common in Fort McMurray, they have been known to occur, as have intense wind storms. Tornadoes are dangerous and a direct hit on a home can result in its destruction.