Insurance helps protect from losses such as accidents, fire or floods
It gives peace of mind that's for sure
The 2015 South Indian floods killed more than 500 people, and were the costliest floods of 2015
How much did they cost?
2015 South Indian floods
The 2015 South Indian floods resulted from heavy rainfall generated by the annual northeast monsoon in November–December 2015. They affected the Coromandel Coast region of the South Indian states of Tamil Nadu and Andhra Pradesh. More than 500 people were killed and over 1.8 million (18 lakh) people were displaced. With estimates of damages and losses ranging from nearly to over , the floods were the costliest to have occurred in 2015, and were among the costliest natural disasters of the year.
Though
had a significant effect on various regions of the country. Flooding is the costliest natural disaster for Canadians. Most home insurance claims in Canada deal with water damage due to sewer back-up, not fire.
Floods occur five times as often as wildfires, the second most frequent natural hazard in Canada. Between 1900 and 2005 there were 241 flood disasters in Canada.
The 1894 Fraser River flood had a return period of slightly more than 500 years and the 1948 flood was close to a 200-year event. The 1997