With the increase in severe storms across Canada in recent years, homeowners, renters and landlords in Sylvan Lake know that they need to start thinking about flood insurance. It’s no secret either that severe weather is extremely costly; in fact, water and wind damage account for half of all property claims in Canada, and extreme conditions have cost Canadians almost $10 billion in insurance claims since 1998. Rest assured you can now obtain coverage against extreme weather in Alberta with Comprehensive Water insurance from The Co-operators.
Flood damage can cost homeowners thousands of dollars to repair, but our flood damage insurance is affordably priced. But that’s not the only thing we have to offer. For the best customer service and advice about flood insurance coverage in Sylvan Lake, you can count on our network of experienced advisors. After all, being a relatively new type of insurance in Canada, you’re likely to have questions beyond the cost of coverage. 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.
Up until a few years ago, flood insurance did not exist in Canada. This gap in coverage was especially apparent in 2013, when Canada experienced its worst-ever year for weather-related damage. Rest assured, The Co-operators now provides Comprehensive Water insurance for clients in Sylvan Lake and across Alberta. Find out your home’s risk level by taking our free online assessment now.
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.
Speak to your Co-operators advisor about flood insurance in Sylvan Lake today and you'll see how we can protect your property against the effects of extreme and unpredictable weather.
As a responsible corporate citizen, we believe in balancing our economic, environmental and social priorities. In fact,
Sylvan Lake has a public policy system that provides a minimum level of mandatory coverage to vehicle owners when they purchase license plates.