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Learn more about Water damage insurance in Slave Lake!

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Water Damage Insurance in Slave Lake, AB

The number of severe storms in Canada has risen dramatically in recent years, which means homeowners, renters and landlords in Slave Lake are more aware about water damage insurance than ever before. What you may not realize is just how financially damaging extreme weather can be: severe conditions have cost Canadians nearly $10 billion in insurance claims since 1998, and half of all property claims today are the result of water and wind damage. Fortunately, you can put an end to your worries with Comprehensive Water coverage, a new offering in Alberta from The Co-operators.

We can't predict the weather but we can protect your home

Up until a few years ago, flood insurance did not exist in Canada. Albertans especially won’t be soon to forget that 2013 was Canada’s worst-ever year for weather-related damage. That's why we're proud to offer our new Comprehensive Water coverage to our clients in cities across Alberta, including Slave Lake. There's also our free online assessment tool so you can determine the level of risk to your home.

By clearing eavestroughs, putting window wells around basement windows and making sure storm drains are clear of debris, you can help prevent unwanted water from making it into your home.

Get in touch with your local Co-operators advisor about water damage insurance in Slave Lake today and learn more about the ways in which we can protect your home and everything in it against 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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Ensuring a More Sustainable Environment

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 Slave Lake AND about what we're doing to help the environment.

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