The number of severe storms in Canada has risen dramatically in recent years, which means homeowners, renters and landlords in Bonnyville are more aware about water damage insurance than ever before. What you may not realize is just how financially damaging extreme weather can be: severe conditions have cost Canadians nearly $10 billion in insurance claims since 1998, and half of all property claims today are the result of water and wind damage. Find out how Comprehensive Water coverage from The Co-operators can provide the protection you need against severe weather in Alberta.
Many developed nations have insurance against flooding rivers, lakes and other bodies of water, but, until recently, Canada wasn't one of them. 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 Bonnyville. 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 water damage insurance in Bonnyville — 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,
Bonnyville has a public policy system that provides a minimum level of mandatory coverage to vehicle owners when they purchase license plates.