Homeowners can lower insurance costs with weatherproof renovations

Homeowners can now lower their insurance costs by making specific renovations to protect against severe weather. For example, switching to impact-resistant shingles can lead to significant refunds, as seen with one Calgary homeowner who received nearly $800 after changing his roof. In 2024, Canada experienced record insurance payouts of $8.5 billion due to severe weather events, prompting insurers to raise home insurance rates. Homeowners are encouraged to notify their insurers about improvements, as many now offer discounts for weather-resistant renovations. Key renovations include installing sump pumps and backwater valves to prevent flooding, obtaining FireSmart certification for wildfire protection, and using moisture detection systems. These upgrades can help reduce premiums and protect homes from costly damage.