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Learn more about Water damage insurance in Olds!

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Water Damage Insurance in Olds, AB

Severe weather is becoming increasingly problematic for Canadian homeowners, renters and landlords; as a result, it’s extremely important to have water damage insurance in Olds. Since 1998, wind and water damage caused by extreme weather has cost Canadians nearly $10 billion, which is half of all property claims. Rest assured you can now obtain coverage against extreme weather in Alberta with Comprehensive Water insurance from The Co-operators.

Certain protection for uncertain weather

Until recently, Canada was one of the few developed nations without insurance against flooding rivers, lakes and other bodies of water. This gap in coverage was especially apparent in 2013, when Canada experienced its 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 don’t have to wait to better protect your home from water damage: take action now by sealing any cracks in your foundation walls and basement floors, cleaning your eavestroughs on a regular basis, installing downspouts and keeping storm drains clear of debris, among other steps.

Talk to your local Co-operators advisor about water damage insurance in Olds today and discover firsthand how we can help keep your family, your home and everything in it protected from the damaging effects of severe weather.

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.
  • Personalized: Get tailored coverage limits to suit your individual needs.
  • Flexible: Rather than paying a flat dollar amount, your deductible is a percentage of the claim amount between 2% and 35% with a $1,000 minimum.
  • Budget-friendly: You can enjoy discounts if you install loss prevention devices, including a backflow prevention device or a primary sump pump with a secondary automatic powered backup.
  • Extensive: We cover your home, personal property, detached structures and costs incurred if you have to move out of your home while it's repaired. If your home is a complete loss, there’s no obligation to rebuild; we’ll still pay your claim if you decide to rebuild elsewhere.
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It's Insurance for a More Sustainable Future

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.

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