With the increase in severe storms across Canada in recent years, homeowners, renters and landlords in St Paul know that they need to start thinking about flood insurance. 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. Find out how Comprehensive Water coverage from The Co-operators can protect your biggest investment against the effects of Alberta's worst weather.
Flood damage can cost thousands of dollars for homeowners to repair, but our flood damage insurance is fairly priced. But that’s not the only thing we have to offer. With our network of advisors in Alberta and beyond, you can expect exceptional service and expert advice about flood insurance coverage. After all, this type of insurance is relatively new to Canada, so you need to know more than just the price on the quote. 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!
Until recent years, insurance against flooding rivers, lakes and other bodies of water was not available in Canada. This lack of coverage came to the forefront in 2013, when Canada faced its most destructive year to date for weather-related damage. Our insurance keeps you covered.
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.
As a responsible corporate citizen, we believe in balancing our economic, environmental and social priorities. In fact,
St Paul has a public policy system that provides a minimum level of mandatory coverage to vehicle owners when they purchase license plates.