Get a FREE quote


Flood insurance in Slave Lake. Ask your local Insurance Advisor today!

find an insurance advisor near you find an insurance advisor near you

Flood insurance in Slave Lake, AB

There’s no question that severe weather is in the rise in Canada, which is all the more reason for Slave Lake homeowners and renters alike to obtain flood insurance. 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.

What sets us apart?

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 just one example of what 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. With 70 years of experience, we’re a co-operative that knows exactly how to make our members and communities our top priority.

Reassuring coverage against unpredictable weather

Until recent years, insurance against flooding rivers, lakes and other bodies of water was not available in Canada. This gap in coverage was especially apparent in 2013, when Canada experienced its worst-ever year for weather-related damage. For that reason, we're proud to provide Comprehensive Water coverage for our clients in cities across Alberta, including Slave Lake. 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.

Your Co-operators advisor can tell you all about our flood insurance in Slave Lake—and how our coverage can protect your loved ones, your home and everything in it when extreme weather strikes.

Our Comprehensive Water coverage is:

  • Inclusive: 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.
  • Individualized: Select the coverage limits that work best with your family’s needs.
  • Flexible: Instead of paying a fixed dollar amount, your deductible will be a percentage of the claim amount, ranging from 2% to 35% with a $1,000 minimum.
  • Value-added: You can benefit from savings on the purchase of loss prevention devices, such as a secondary automatic powered back-up sump pump.
  • Broad: Your home, personal property and detached structures are all covered, in addition to any surplus costs incurred in the event you are required to live elsewhere while your home is being repaired. Should your home be irreparable, you can choose to rebuild at your current location, a new location or not at all; in any event, we will still pay your claim.
Bookmark and Share

Ensuring a Greener Tomorrow

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 our flood insurance in Slave Lake AND about what we're doing to help the environment.
Sign up for an eNewsletter today

First Name:
Last Name:
Email

All fields are required