As the frequency of severe storms in Canada continues to increase, it's clear that homeowners, renters and landlords in Olds are right 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? Rest assured you can now obtain coverage against extreme weather in Alberta with Comprehensive Water insurance from The Co-operators.
Canada was one of the only developed nations without flooding insurance until recently. This anomaly was easy to see in 2013, when Canadians experienced their worst-ever year for weather-related damage. That's why we're pleased to introduce Comprehensive Water coverage for our valued clients in cities across Alberta, including Olds. Start by taking our free online assessment to understand the level of risk to your property.
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 Olds today.
As a responsible corporate citizen, we believe in balancing our economic, environmental and social priorities. In fact,
Olds has a public policy system that provides a minimum level of mandatory coverage to vehicle owners when they purchase license plates.