Canada has experienced an increasing number of severe storms in recent years, which means the time is right for Medicine Hat homeowners, renters and landlords to start considering flood insurance. The facts speak for themselves: extreme weather has cost Canadians nearly $10 billion in insurance claims since 1998, and water and wind damage now account for 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.
Flood damage can cost homeowners thousands of dollars to repair, but our flood damage insurance is affordably priced. And that’s not the only thing that sets us apart. With our network of advisors in Alberta and beyond, you can expect exceptional service and expert advice about flood insurance coverage. After all, being a relatively new type of insurance in Canada, you’re likely to have questions beyond the cost of coverage. As a co-operative for the last 70 plus years, we have plenty of experience putting our members and communities first—that’s why you should work with us!
Canada was one of the only developed nations without flooding insurance until recently. Depending upon your needs, the lump sum benefit amount of this critical illness insurance coverage can range from $25, 000 to $2, 000, 000. For that reason, we're proud to provide Comprehensive Water coverage for our clients in cities across Alberta, including Medicine Hat. If you need to determine the risk to your home, there's also our easy-to-use online assessment tool.
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.
Get in touch with your local Co-operators advisor about flood insurance in Medicine Hat 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.
As a responsible corporate citizen, we believe in balancing our economic, environmental and social priorities. In fact,
Medicine Hat has a public policy system that provides a minimum level of mandatory coverage to vehicle owners when they purchase license plates.