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Water damage insurance in Sherwood Park, AB

Canada has experienced an increasing number of severe storms in recent years, which means the time is right for Sherwood Park homeowners, renters and landlords to start considering water damage insurance. Half of all property claims are now attributed to water and wind damage from extreme weather, costing Canadians nearly $10 billion in insurance claims since 1998. Find out how Comprehensive Water coverage from The Co-operators can provide the protection you need against severe weather in Alberta.

Protection against extreme weather conditions

Until recent years, insurance against flooding rivers, lakes and other bodies of water was not available in Canada. This gap in coverage was all too clear in 2013, which remains one of the country's most destructive and costly years in terms of weather-related damage. We're proud to offer a solution with our new Comprehensive Water coverage for clients in cities across Alberta, including Sherwood Park. You can also get a free online assessment to find out the level of risk to your home.

You can minimize the risk of unwanted water entering your home by installing window wells around your basement windows and making sure your eavestroughs and storm drains are free of leaves and other debris.

Speak to your Co-operators advisor about water damage insurance in Sherwood Park today and you'll see how we can protect your property against the effects of extreme and unpredictable weather.

Our Comprehensive Water coverage is:

  • Straightforward: 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.
  • Custom: Choose the coverage that meets your specific needs.
  • Flexible: Instead of paying a flat dollar amount, your deductible is a percentage of the claim amount, ranging from 2% to 35% with a $1,000 minimum.
  • Cost-effective: You can take advantage of discounts if you choose to install such loss prevention devices as a backflow prevention device or a primary sump pump with a secondary automatic powered backup.
  • Comprehensive: Rest assured your home, personal belongings and detached structures are covered, as well as additional costs incurred if you need to stay elsewhere while your home is being repaired. If your home is unable to be repaired, it’s up to you whether you wish to rebuild or not; either way, we will still honour your claim.
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Investing in Families, by Ensuring a Greener 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 water damage insurance in Sherwood Park AND about what we're doing to help the environment.

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