As the frequency of severe storms in Canada continues to increase, it's clear that homeowners, renters and landlords in Lloydminster are right to start thinking about water damage 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. Fortunately, you can put an end to your worries with Comprehensive Water coverage, a new offering in Alberta from The Co-operators.
It's true that Canada was one of the very few developed nations without flooding insurance until very recently. Albertans especially won’t be soon to forget that 2013 was Canada’s worst-ever year for weather-related damage. For that reason, we're proud to provide Comprehensive Water coverage for our clients in cities across Alberta, including Lloydminster. If you need to determine the risk to your home, there's also our easy-to-use online assessment tool.
You can be proactive about minimizing water damage to your home by installing downspouts, sealing cracks in your foundation, cleaning your eavestroughs and ensuring storm drains are clear of leaves and other debris.
Your Co-operators advisor can tell you all about our water damage insurance in Lloydminster—and how our coverage can protect your loved ones, your home and everything in it when extreme weather strikes.
As a responsible corporate citizen, we believe in balancing our economic, environmental and social priorities. In fact,
Lloydminster has a public policy system that provides a minimum level of mandatory coverage to vehicle owners when they purchase license plates.