Get a FREE quote for your chance to win $15,000win $15,000
Online QuoteOnline QuickQuote


Research  Water damage insurance in Olds!

find an insurance advisor near you find an insurance advisor near you

Water damage insurance in Olds, AB

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.

Reassuring coverage against unpredictable weather

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.

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.
Bookmark and Share

Investing in a Healthier 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 Olds AND about what we're doing to help the environment.

Sign up for an eNewsletter today

First Name:
Last Name:
Email

All fields are required