As the frequency of severe storms in Canada continues to increase, it's clear that homeowners, renters and landlords in Vegreville are right to start thinking about flood insurance. It's estimated that half of all property claims can be attributed to damage caused by extreme weather, which has cost Canadians almost $10 billion in insurance claims since 1998. It's time to learn how you can protect your property against the worst weather Alberta has to offer with Comprehensive Water coverage from The Co-operators.
Flood damage can cost thousands of dollars for homeowners to repair, but our flood damage insurance is fairly priced. Yet 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, this type of insurance is somewhat new to Canada, so you’ll need details about your coverage beyond price. With 70 years of experience, we’re a co-operative that knows exactly how to make our members and communities our top priority.
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. That's why we're proud to offer our new Comprehensive Water coverage to our clients in cities across Alberta, including Vegreville. There's also our free online assessment tool so you can determine the level of risk to your home.
You can take action now and work to protect your home from water damage by sealing cracks in your foundation walls and basement floors, installing window wells around your basement windows, installing downspouts and regularly maintaining your eavestroughs, among other steps.
Connect with your Co-operators advisor about flood insurance in Vegreville today and find out how we can help protect your loved ones, your home and everything in it against the effects of extreme weather.
As a responsible corporate citizen, we believe in balancing our economic, environmental and social priorities. In fact,
Vegreville has a public policy system that provides a minimum level of mandatory coverage to vehicle owners when they purchase license plates.