With the increase in severe storms across Canada in recent years, homeowners, renters and landlords in Edmonton know that they need to start thinking about water damage insurance. 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. It's time to learn how you can protect your property against the worst weather Alberta has to offer with Comprehensive Water coverage from The Co-operators.
Up until a few years ago, flood insurance did not exist in Canada. This gap in coverage was all too clear in 2013, which remains one of the country's most destructive and costly years in terms of weather-related damage. For that reason, we're proud to provide Comprehensive Water coverage for our clients in cities across Alberta, including Edmonton. 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.
To learn more about water damage insurance and to review your options, get in touch with your local Co-operators advisor in Edmonton today.
As a responsible corporate citizen, we believe in balancing our economic, environmental and social priorities. In fact,
Edmonton has a public policy system that provides a minimum level of mandatory coverage to vehicle owners when they purchase license plates.