The number of severe storms in Canada has risen dramatically in recent years, which means homeowners, renters and landlords in Olds are more aware about flood insurance than ever before. Did you know that around half of all property claims are the direct result of weather-related water and wind damage, which has cost Canadians nearly $10 billion in insurance claims since 1998? Fortunately, you can put an end to your worries with Comprehensive Water coverage, a new offering in Alberta 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. And that’s not the only thing that sets us apart. For the best customer service and advice about flood insurance coverage in Olds, you can count on our network of experienced advisors. 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.
Many developed nations have insurance against flooding rivers, lakes and other bodies of water, but, until recently, Canada wasn't one of them. This coverage gap was highlighted in 2013, the country’s 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 Olds. Start by taking our free online assessment to understand the level of risk to your property.
There are steps you can take to keep unwanted water out your home, including clearing eavestroughs, installing window wells around your basement windows and keeping storm drains clear of leaves and other debris.
As a responsible corporate citizen, we believe in balancing our economic, environmental and social priorities. In fact,
Olds has a public policy system that provides a minimum level of mandatory coverage to vehicle owners when they purchase license plates.