Record Breaking Water Accumulation Means More Flooding
For 2017 Ontario has experienced record breaking levels of water accumulation. News agencies and articles are expressing concern for the changing weather patterns. Some even reporting that “the extreme weather we’ve seen is the new normal. More is on its way.”1 The average accumulation for Toronto in May is 72 millimetres. For 2017 Toronto has accumulated 142.6 millimeters.
The increase of water means more headaches for for homeowners. More water means more water entering into homes from flooding, sewer back up and ground water. It is important that you understand what cove rages can be purchased to protect your home and family.
What coverages can you purchase to protect your house and contents?
1) Sewer Back Up
2) Septic Back up
3) Overland Flood
4) Surface Water
5) Ground Water
Each insurance company has specific definitions and policy exclusions for the coverages listed above. It is important for consumers to know what coverages they are able to purchase. You can call us at 1-877-941-2267 for clarification and water coverage quotes. Note: there are some territories in Ontario where water coverage is limited due to the frequency of water claims.
What can you do to prevent a stressful loss?
A severe weather event could happen at any time and cause unexpected loss. Here are five proactive tips that can help prepare your customers for the unexpected:
1. Create an emergency plan and share it with your family. This plan should be reviewed at least twice annually, and updated as needed. An emergency such as a flood, fire, tornadoe needs to be talked about especially if you have children in your home. They need to know how to be prepared.
2. Protect your family by having an emergency preparedness kit containing food and medical supplies, flashlights, batteries, a copy of the insurance policy, a radio, etc..
3. Review your existing insurance coverage to ensure the optional coverage you need is purchased. Water Coverage has change within the last 2 years. Make sure you and your broker have reviewed all of your water coverage options and costs.
4. Secure heavy items on the premises that could fall, slide, be swept away or cause injuries or damage.
5. Install preventative measures such as a sump pump, back water valve which helps to move water out of your home. Tell your insurance broker about these installations which might help you attain a further discount on your home policy.
