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Soaring snow removal insurance premiums getting out of hand: Alberta contractors

Premiums increasing up to nine times more


October 13, 2021
By Global News

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The cost of obtaining insurance for providing snow removal services is getting out of hand, say snow contractors in Alberta. The owner of Canada Yard Pro said he paid $7,800 last year, but quotes this season have soared as high as $65,000. He was able to have his premiums scaled back to a 30 per cent increase, but it came with provisions so severe that it forced him to close shop after 15 years in business.

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