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Flood insurance in Slave Lake, AB

Canada has experienced an increasing number of severe storms in recent years, which means the time is right for Slave Lake homeowners, renters and landlords to start considering flood insurance. Since 1998, wind and water damage caused by extreme weather has cost Canadians nearly $10 billion, which is half of all property claims. 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.

Real protection against unpredictable weather

Many developed nations have insurance against flooding rivers, lakes and other bodies of water, but, until recently, Canada wasn't one of them. Depending upon your needs, critical illness insurance coverage may provide lump sum benefit amounts which can range from $25, 000 to $2, 000, 000. We are happy to provide a solution with our new Comprehensive Water coverage, which is offered to clients throughout the province of Alberta, including in Slave Lake. Take our free online assessment now to find out how high your home’s water risk is.

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.

Contact a Co-operators Insurance Advisor about flood insurance in Slave Lake and let us show you why we're a better place for your flood insurance in Slave Lake.

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.
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Ensuring a More Sustainable Environment

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 Slave Lake AND about what we're doing to help the environment.

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