The Insurance Bureau of Canada is advising residents on what compensation they can receive should Hurricane Larry cause damage.

They say with a threat like Larry on the horizon, it is always good to know what coverage you have.

Regardless of the category, wind and rain events can cause damage to homes, cars, and businesses.

IBC Vice President- Atlantic, Amanda Dean, highlights sewer backup coverage as something residents should ensure they have.

She says that would help you clean up your basement if the pipes overflow with rain and flood the residence.

She also points to overland flood coverage, which deals with water seeping in through windows or doors, as something homeowners should know if they have.

She says it is not automatically included in home insurance policies.