The number of severe storms in Canada has risen dramatically in recent years, which means homeowners, renters and landlords in Red Deer are more aware about flood insurance than ever before. Half of all property claims are now attributed to water and wind damage from extreme weather, costing Canadians nearly $10 billion in insurance claims since 1998. Find out how Comprehensive Water coverage from The Co-operators can protect your biggest investment against the effects of Alberta's worst weather.
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 lack of coverage came to the forefront in 2013, when Canada faced its most destructive year to date for weather-related damage. That's why we're proud to offer our new Comprehensive Water coverage to our clients in cities across Alberta, including Red Deer. There's also our free online assessment tool so you can determine the level of risk to your home.
You can be proactive about minimizing water damage to your home by installing downspouts, sealing cracks in your foundation, cleaning your eavestroughs and ensuring storm drains are clear of leaves and other debris.
Your Co-operators advisor can tell you all about our flood insurance in Red Deer—and how our coverage can protect your loved ones, your home and everything in it when extreme weather strikes.
As a responsible corporate citizen, we believe in balancing our economic, environmental and social priorities. In fact,
Red Deer has a public policy system that provides a minimum level of mandatory coverage to vehicle owners when they purchase license plates.