Initial estimates by the Insurance Bureau of Canada (IBC) indicate that Hurricane Fiona has caused at least $660 million in insured damage, according to the Catastrophe Indices and Quantification Inc. According to IBC, Hurricane Fiona is the costliest extreme weather event recorded in Atlantic Canada, and the tenth worst in Canada when measured by insured damages.
Nova Scotia suffered more than $385 million in insured damage, with Halifax being noted for a particularly high number of trees falling on cars. Prince Edward Island suffered more than $220 million in insured damages and suffered significant damage to housing, infrastructure and power lines. New Brunswick suffered more than $30 million in insured damages, thanks to being on the fringe of the storm’s path. Nevertheless, power outages occurred across the province.
Quebec suffered more than $11 million in insured damage, with extensive flooding and erosion in Iles-de-la-Madeleine and the Gaspé Peninsula coast. Newfoundland and Labrador suffered more than $7 million in insured damages, largely from destroyed homes between Burgeo to Port aux Basques. Given that the exact damages are still being tallied, a breakdown of the auto insurance is unavailable. However, publicly available images and videos depict auto damage ranging from scratches and dents to extreme structural warping.