With the increase in severe storms across Canada in recent years, homeowners, renters and landlords in Lac La Biche know that they need to start thinking about water damage insurance. Did you know that around half of all property claims are the direct result of weather-related water and wind damage, which has cost Canadians nearly $10 billion in insurance claims since 1998? Fortunately, you can put an end to your worries with Comprehensive Water coverage, a new offering in Alberta from The Co-operators.
Many developed nations have insurance against flooding rivers, lakes and other bodies of water, but, until recently, Canada wasn't one of them. Depending upon your needs, the lump sum benefit amount of this critical illness insurance coverage can range from $25, 000 to $2, 000, 000. Our insurance keeps you covered.
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 Lac La Biche—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,
Lac La Biche has a public policy system that provides a minimum level of mandatory coverage to vehicle owners when they purchase license plates.