VANCOUVER, Canada—As many as 50 storefronts were damaged or destroyed in rioting and looting in Vancouver Wednesday night following the Vancouver Canucks Stanley Cup Finals loss, though not all of the riot damage will be covered by insurance.

Vancouver police arrested more than 100 people in under three hours after the Canucks loss to the Boston Bruins in Game 7 of the championship series. Angry hockey fans burned as many as 15 cars, including two police cars, looted several stores, and damaged dozens of private and public properties near the Rogers Arena after the game, police said.

Assessing losses

Business owners along mob's path of destruction—along West Georgia and Granville streets in the city's entertainment district—have begun to take stock of their losses, not all of which may be covered under standard commercial insurance policies.

“For the most part, business owners would covered for things like the theft and vandalism and fire related losses,” said Kelly Dale, vp of Vancouver-based brokerage AllWest Insurance Services Ltd. However, Ms. Dale said, storefront windows are typically covered under a separate contract with glass companies, which often exclude events such as riots, criminal acts and terrorism.

It's a sad situation for Vancouver,” Ms. Dale said “All of these business owners are dealing with the shutdown today and clean-up, so they're all affected even if they have insurance.”

Significant damage

Charles Gauthier, executive director of the Downtown Vancouver Business Improvement Assn., said he and other representatives of the association toured the affected area with city officials Wednesday morning, where he estimated that at least 50 storefronts were either destroyed or significantly damaged. He said the association does not yet have an estimate on the total cost of the damage and looting.

“The burning of vehicles, the burning of property was quite shocking to me,” said Mr. Gauthier, who was executive director of the association during Vancouver's last hockey-fueled riot in 1994, when the Canucks lost another championship in a Game 7 to the New York Rangers. In the days leading up to Wednesdays game, Vancouver Police representatives said there was little chance of the events in 1994 being repeated.

Lessons from 1994

“We learned many lessons in 1994 and we will take away more from this experience as we examine every aspect of last night over the coming weeks and months,” Vancouver Police Chief Constable Jim Chu said at a press conference Wednesday afternoon. “For those who regularly reminded us of 1994, they will also hopefully report that while we had triple the number of rioters last night, we were able to bring the situation under control in half the time it took us back then.”