Over the past 10 years water has surpassed fire as Canada’s leading cause of personal property claims. Water damage is no longer just the result of a leaky roof or a sewer backup, in fact, it is so prevalent and comes from so many different sources that consumers are now asking and wanting protection that is comprehensive, accessible and affordable. Climate change is also a factor in the rising frequency and severity of extreme weather events such as flooding, and what used to happen every 40 years in Canada is now happening every 6 years in some regions.
Residential Flood Insurance - Know the Facts
Posted by
Megson FitzPatrick Team on Jul 22, 2016 9:00:00 AM
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Topics: Insurance, Preparedness, Claims, Home Insurance