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Learn more about Water damage insurance in Sylvan Lake!

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Water Damage Insurance in Sylvan Lake, AB

As the frequency of severe storms in Canada continues to increase, it's clear that homeowners, renters and landlords in Sylvan Lake 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.

Real protection against unpredictable weather

Many developed nations have insurance against flooding rivers, lakes and other bodies of water, but, until recently, Canada wasn't one of them. 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 Sylvan Lake. Start by taking our free online assessment to understand the level of risk to your property.

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 Sylvan Lake today and you'll see how we can protect your property against the effects of extreme and unpredictable 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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Investing in 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 Sylvan Lake AND about what we're doing to help the environment.

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