As the frequency of severe storms in Canada continues to increase, it's clear that homeowners, renters and landlords in Okotoks 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. Make sure your home is protected against Alberta's extreme weather: learn more about Comprehensive Water coverage from The Co-operators.
The cost of repairing flood damage can set homeowners back thousands of dollars, which is why we provide reasonably priced flood damage insurance. Yet that's not the only thing that sets us apart. Our network of expert advisors throughout Okotoks are always prepared to provide exceptional customer service and advice on your flood damage insurance. After all, it’s only natural you’d have questions beyond cost when this type of insurance is relatively new to Canada. 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 anomaly was easy to see in 2013, when Canadians experienced their worst-ever year for weather-related damage. That's why we're pleased to introduce Comprehensive Water coverage for our valued clients in cities across Alberta, including Okotoks. Start by taking our free online assessment to understand the level of risk to your property.
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.
To learn more about flood insurance and to review your options, get in touch with your local Co-operators advisor in Okotoks today.
As a responsible corporate citizen, we believe in balancing our economic, environmental and social priorities. In fact,
Okotoks has a public policy system that provides a minimum level of mandatory coverage to vehicle owners when they purchase license plates.