The officer interacts with the Canadian underwriter

It appears that the earthquake earlier this week off the coast of Vancouver Island did not cause any losses in insured property, but the industry nonetheless encouraged all British Colombians to prepare in any case for a major disaster.

“As far as I know, in speaking with other officers, we had no reports of claims for a one-time result outside of Tofino,” Debbie Hallstead, director of Vancouver Island at Kernaghan Adjusters, said in an interview on Friday with a Canadian insurance contractor. .

She was referring to an earthquake that reported off the coast of British Columbia at 4:33 am Pacific Time on July 22. Earthquakes in Canada reported that the earthquake measured 5.1 on the Richter scale and its epicenter was in the Pacific Ocean, 443 kilometers west of Victoria.

This came about five hours after a 7.8-magnitude earthquake south of Aliotian Island. The U.S. Geological Survey reported that the largest earthquake was its epicenter 871 km northeast of Eagle, Alaska.

“They placed a tsunami warning and quickly pulled this out because there were no devastating waves as a result of that wave,” Hallstead said of the 7.8 earthquake near Alaska.

“We had four earthquakes in the past 30 days, and there were 45 earthquakes in the past year, so we don’t really stand and pay much attention when reporting earthquakes, because we had no earthquakes,” said Halstead, who works near Comox on the east side of an island Vancouver, for a long time caused no harm to Vancouver Island.

But the industry is still preparing in case a much larger earthquake causes damage. She said: “We are definitely trying to inform everyone about emergency preparedness plans, especially on Vancouver Island.”

In 2013, AIR Worldwide released a report titled, Study the Impact, Insurance, and Economic Cost of a Large Earthquake in British Columbia and Ontario / Quebec, commissioned by the Canadian Insurance Office.

At the time, AIR said that if an earthquake of 9 struck off the west coast of BC (similar to an earthquake in 1700), there would be direct losses in commercial and industrial property of $ 34.979 billion, and another $ 24.46 billion in direct losses of residential property.

Hallstead said: “It would be nice if everyone on the West Coast was 100% ready.” I think everyone is trying to work for it. Unfortunately, what usually happens is, until we are exposed to something that causes great harm, and makes everyone sit and notice, it is a kind of business as usual. “

Hallstead said that everyone in British Columbia is invited to keep the emergency preparedness group at home, at work and in their cars.

Main image via iStock.com/KiraVolkov

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