Amanda Dean

Severe weather is causing deductibles to rise on insurance claims, says Amanda Dean. (Insurance Bureau of Canada )

Climate change is having a direct impact on home insurance deductibles, says the Insurance Bureau of Canada.

It's an increase that is being seen across Canada.

"Each insurer is clearly faced with what is happening all around us," said Amanda Dean, vice president Atlantic of the Insurance Bureau of Canada.

"Homeowners, governments and insurers alike are impacted by the costs of severe weather, the changing climate, and costs of increased sewer backups, for example."

Personal property claims
Increases since 1990s
Canada 106.4%
P.E.I. 175.6%

Across the country homeowner claims have doubled since the late 1990s, even accounting for inflation.

The increases are particularly large on Prince Edward Island, where they have tripled over the same time period.

Intact Insurance, which provides homeowner coverage across the country, told CBC News it's increasing the minimum deductible on home insurance policies from $500 to $1,000. It will cost twice that  for a sewer backup claim. The increase applies in every province except British Columbia and Quebec. 

Edward Street cars

Heavy rainfall caused flooding in Charlottetown in late September. Severe weather is the reason for increased insurance deductibles on Prince Edward Island and Canada. (Julia Cook/CBC)