With the increase in severe storms across Canada in recent years, homeowners, renters and landlords in Medicine Hat 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? Make sure your home is protected against Alberta's extreme weather: learn more about Comprehensive Water coverage from The Co-operators.
Until recently, Canada was one of the few developed nations without insurance against flooding rivers, lakes and other bodies of water. This coverage gap was highlighted in 2013, the country’s 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 Medicine Hat. 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 Medicine Hat — 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,
Medicine Hat has a public policy system that provides a minimum level of mandatory coverage to vehicle owners when they purchase license plates.