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
Topics: Insurance, Preparedness, Claims, Home Insurance
The explosive growth in toxic mould damage claims since 2002 has led to an almost universal exclusion of mould-related claims in commercial property and general liability policies. To close this gap, consider a customized environmental insurance policy, which specifically addresses mould as a covered cause of loss.
Topics: Risk Management, Insurance, Mould, Claims
Directors & Officers Insurance in Action
Topics: Insurance, Liability, D&O Insurance, Claims