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Water damage insurance in Cold Lake, AB

Severe weather has become a growing concern in Canada in recent years, which is why both homeowners and renters should get equipped with water damage insurance in Cold Lake. Half of all property claims are now attributed to water and wind damage from extreme weather, costing Canadians nearly $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.

Certain protection for uncertain weather

It's true that Canada was one of the very few developed nations without flooding insurance until very recently. 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 Cold Lake. Take our free online assessment now to find out how high your home’s water risk is.

You can minimize the risk of unwanted water entering your home by installing window wells around your basement windows and making sure your eavestroughs and storm drains are free of leaves and other debris.

Get in touch with your local Co-operators advisor about water damage insurance in Cold Lake today and learn more about the ways in which we can protect your home and everything in it against the damaging effects of severe 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.
  • Tailored: Get made-to-measure coverage limits that fit your particular needs.
  • Flexible: Instead of paying a flat amount, your deductible is a percentage of the claim amount (between 2% and 35%, with a $1,000 minimum).
  • Budget-friendly: If you install loss prevention devices, we'll provide a discount. That includes a backflow prevention device or a primary sump pump with a secondary automatic powered backup.
  • Extensive: We don't only cover your home but also your personal property, detached structures and costs incurred in the event that you need to move out of your home while it's being repaired. In the event that your home is at a complete loss, you are not obligated to rebuild—we’ll honour your claim even if you rebuild elsewhere.
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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 water damage insurance in Cold Lake AND about what we're doing to help the environment.
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