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Flood insurance in Peace River, AB

Canada has experienced an increasing number of severe storms in recent years, which means the time is right for Peace River homeowners, renters and landlords to start considering flood insurance. Local Co-operators Insurance Advisors across the province can answer any questions you might have about flood insurance. Find out how Comprehensive Water coverage from The Co-operators can protect your biggest investment against the effects of Alberta's worst weather.

What sets us apart?

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.

Weather the storm with complete coverage

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. For that reason, we're proud to provide Comprehensive Water coverage for our clients in cities across Alberta, including Peace River. If you need to determine the risk to your home, there's also our easy-to-use online assessment tool.

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.

Connect with your Co-operators advisor about flood insurance in Peace River today and find out how we can help protect your loved ones, your home and everything in it against the effects of extreme weather.

Our Comprehensive Water coverage is:

  • Simple: This one product covers you for damage caused by sewer or water backup, flooding caused by an overflow of a body of water, buildup of surface water caused by extreme weather events, and underground water that rises and comes into your home.
  • Tailored: Get made-to-measure coverage limits that fit your particular needs.
  • Flexible: Instead of paying a flat amount, your deductible is a percentage of the claim amount (between 2% and 35%, with a $1,000 minimum).
  • Budget-friendly: If you install loss prevention devices, we'll provide a discount. That includes a backflow prevention device or a primary sump pump with a secondary automatic powered backup.
  • Extensive: We don't only cover your home but also your personal property, detached structures and costs incurred in the event that you need to move out of your home while it's being repaired. In the event that your home is at a complete loss, you are not obligated to rebuild—we’ll honour your claim even if you rebuild elsewhere.
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Investing in a Healthier Future

As a responsible corporate citizen, we believe in balancing our economic, environmental and social priorities. In fact, The Co-operators was recently recognized in Hewitt Associate's Green 30 guide, which identified Canada's 30 most environmentally-conscious employers. Talk to The Co-operators today about flood insurance in Peace River AND about what we're doing to help the environment.

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