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Remember Snowtember? The Unforeseen risks to your home

November 30th, 2016 / Events, General, News, Tips /

The old saying goes: “If you don’t like the weather in Calgary, wait a few minutes”. However, a few minutes can seem like a lifetime if your house is being damaged by the unsuspected vandal, Mother Nature.

The great Alberta flood of 2013 is still top of mind when considering personal property risks. The $1.7 billion worth of collective catastrophic damage in our province no doubt leaves a lasting impression. The good news is that the City of Calgary has taken actions to mitigate future floods, such as preventing water entering storm systems, installing temporary sandbags and supplemental pumping.

But what about a more familiar liability – snow? The Calgary Emergency Management Agency lists snowstorms as the second worst disaster fear (overland flooding being the first).

In September of 2014, Calgary had the heaviest snowfall in 130 years. The City of Calgary received more calls during this event, coined ‘Snowtember’, than during the great flood. A large number of trees broke from the weight of the snowfall and houses were suddenly flooded with melting water. This is a risk Calgarians may not automatically consider, despite receiving snow up to 9 months of the year.

How can you protect your property? Firstly, be aware of flood risks:

  • Rain following snow
  • Blocked gutters
  • Excess snow on the roof
  • Cracks in the house foundation
  • Snow piled against the property
  • Warm weather following a blizzard

Here are some helpful tips to avoid a downpour disaster:

snowtember

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The 5 top reasons why you need Overland Water Insurance

June 14th, 2015 / General /

Flood insurance may not be on your radar, especially if you do not live by a river or lake.  Even so, overland water damage to your home can be caused by a myriad of factors other than rising water levels.  This is especially the case over the past 5 years as weather patterns in Alberta and the rest of Canada have witnessed more rain and snow than ever before.  The rise in overland water damage to homes in Alberta and across Canada have prompted insurance companies to reassess home insurance risks, and introduce to the country, for the first time, fresh water flood insurance.

We’ve outlined the top 5 reasons why you need Overland Water Insurance sooner than later:

  1. Floods are the most costly natural disasters in Canada for property damage.
  2. Floods can occur in every region across Canada: city, urban, country, and can occur at any time of year.
  3. Floods have impacted the lives hundreds of thousands of Canadians.
  4. Water related insured losses from catastrophic events average 1 billion a year since 2009!
  5. Some insurance companies have placed stricter regulations on sewer backup coverage to exclude flooding as the causing factor. Meaning, if you have a sewer back up claim, but it was caused by flooding in the area, your claim can be denied.

For more information on how floodinsurance.ca can help you with Overland Water Insurance, visit our http://floodinsurance.ca/#quote page and an expert broker will contact you to discuss any questions or concerns you may have about water coverage.

 

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