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Flood insurance in Vegreville, AB

As the frequency of severe storms in Canada continues to increase, it's clear that homeowners, renters and landlords in Vegreville are right 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. Find out how you can protect your home against Alberta's extreme weather with Comprehensive Water coverage 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, it’s only natural you’d have questions beyond cost when this type of insurance is relatively new to Canada. With 70 years of experience, we’re a co-operative that knows exactly how to make our members and communities our top priority.

We can't predict the weather but we can protect your home

Until recently, Canada was one of the few developed nations without insurance against flooding rivers, lakes and other bodies of water. 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 pleased to introduce Comprehensive Water coverage for our valued clients in cities across Alberta, including Vegreville. Start by taking our free online assessment to understand the level of risk to your property.

By clearing eavestroughs, putting window wells around basement windows and making sure storm drains are clear of debris, you can help prevent unwanted water from making it into your home.

Speak to your Co-operators advisor about flood insurance in Vegreville today and you'll see how we can protect your property against the effects of extreme and unpredictable 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.
  • Customizable: Get the coverage limits that best suit your individual needs.
  • Flexible: Deductibles are a percentage of the claim amount between 2% and 35% with a $1,000 minimum.
  • Budget-friendly: If you install loss prevention devices, including a backflow prevention device or a primary sump pump with a secondary automatic powered backup, we will reward you with a discount.
  • Extensive: Our coverage doesn't stop at the building itself: it also includes your personal property, detached structures and costs incurred if you have to move out during repairs. In the event of a total loss, rest assured you're not obliged to rebuild on the same site—we will still pay out your claim even if you decide to rebuild elsewhere.
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Investing in 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 Vegreville AND about what we're doing to help the environment.

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