Severe weather damage affected over 50,000 vehicles, with Alberta reporting $454 million, of which 91% are hail-related. Ontario and Quebec followed with $50.3 million and $1.6 million in damage, respectively. Wind-related claims were also significant, especially in Alberta, Ontario, and Nova Scotia. These incidents directly influence insurers’ exposure, as vehicles with hidden damage can lead to costly claims and higher loss ratios.
