As the frequency of severe storms in Canada continues to increase, it's clear that homeowners, renters and landlords in Bonnyville are right to start thinking about flood insurance. It’s no secret either that severe weather is extremely costly; in fact, water and wind damage account for half of all property claims in Canada, and extreme conditions have cost Canadians almost $10 billion in insurance claims since 1998. Rest assured you can now obtain coverage against extreme weather in Alberta with Comprehensive Water insurance from The Co-operators.
Flood damage can cost homeowners thousands of dollars to repair, but our flood damage insurance is affordably priced. Yet that's not the only thing that sets us apart. With our network of advisors in Alberta and beyond, you can expect exceptional service and expert advice about flood insurance coverage. After all, this type of insurance is relatively new to Canada, so you need to know more than just the price on the quote. Work with us and find out why we've thrived as a co-operative for more than 70 years—always putting our members and communities first.
It's true that Canada was one of the very few developed nations without flooding insurance until very recently. This gap in coverage was all too clear in 2013, which remains one of the country's most destructive and costly years in terms of weather-related damage. We are happy to provide a solution with our new Comprehensive Water coverage, which is offered to clients throughout the province of Alberta, including in Bonnyville. Take our free online assessment now to find out how high your home’s water risk is.
You can take action now and work to protect your home from water damage by sealing cracks in your foundation walls and basement floors, installing window wells around your basement windows, installing downspouts and regularly maintaining your eavestroughs, among other steps.
As a responsible corporate citizen, we believe in balancing our economic, environmental and social priorities. In fact,
Bonnyville has a public policy system that provides a minimum level of mandatory coverage to vehicle owners when they purchase license plates.