Calgary homeowners look for answers to soaring home insurance costs after hailstorms [Video]

It was one of the costliest storms in Canadian history, according to the Insurance Bureau of Canada.

A hailstorm that swept through Calgary in August of 2024 did an estimated $2.8 billion in damage — the latest and most destructive of a number of storms that have struck northeast Calgary neighbourhoods in recent years.

Some homeowners claim the August storm alone did up to $35,000 in damage to their home.

Now, many residents are facing a huge increase in insurance premiums that have doubled, tripled or even more — some say they can’t even get insurance for their homes.

With another summer storm season approaching, on Friday, residents of the communities of Redstone, Cityscape, Skyview Ranch and Cornerstone hosted a press conference to talk about the “crisis.”

Harlin Kaur owns a house in Cornerstone.

“We weren’t even being offered insurance — we were being denied coverage all together,” said Kaur. “I said increase my premium, it’s OK, …