Climate change will lead to property insurance becoming unaffordable or unavailable in many parts of Canada according to a new report. The Centre for International Governance Innovation says that the country’s disaster management systems are inadequate and together with uncertainty that will lead to added exposure for insurers to the point where they can’t offer property insurance or it is too expensive for many. The report calls for more awareness from government departments, insurers and property owners of risks from flooding and other climate related hazards. In particular householders should be clearly understand what is and isn’t covered by home insurance policies. The report also highlights the importance of being insured for securing a mortgage. Read the full report.