Living in Hamilton has a lot of perks. It’s cheaper than Toronto, yet close enough to the city that you can easily visit. It has a vibrant arts community and it’s right on scenic Lake Ontario. While property insurance in Hamilton doesn’t differ greatly from property insurance in other cities, there are some specific risks to be aware of. Flooding. According to the government of Canada, floods are the most frequent natural hazard in the country. They can wreak havoc on your home by inflicting structural damage. Melting snow, ice jams, heavy spring rains and summer thunderstorms are some of the weather events that can trigger a flood. Blizzards. The winters in Ontario can be frigid and Hamilton is not exempt. Blizzards can damage your windows and roof. They can also freeze pipes, trigger power outages and flooding, or cause your roof to collapse if too much snow piles up. Earthquakes. Though not a frequent occurrence, the Golden Horseshoe region (the most densely populated region in Ontario, which includes Hamilton) has been known to experience earthquakes. A 5.2 earthquake originating in Quebec rattled Hamilton in 2013.