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overland flood

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Sewer back-up or overland flood? Is a sun deck “within” a dwelling?

June 17, 2022 by David Gambrill

A sewer backup insurance policy only applies to a flood originating from “within” a dwelling and not from a drain overflow on a sun deck partially exposed to the outdoors, B.C.’s Supreme Court has ruled. In Gill v Wawanesa Mutual

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Does your client think overland flood coverage is standard?

April 28, 2022 by Jason Contant

Brokers have another golden opportunity to educate clients on the importance of overland flood coverage. A recent survey of Canadian homeowners conducted by rate aggregator LowestRates.ca found that 30% of 544 respondents were unaware that coverages like overland flood are

The Red River in Winnipeg, Manitoba
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Manitoba could see some overland flooding as another wet weather system moves in

April 21, 2022 The Canadian Press

WINNIPEG – Manitoba’s infrastructure minister says there have been unique challenges with flood forecasting and the spring melt as the province prepares to be hit by another wet weather system. Doyle Piwnuik says it’s not clear yet exactly where the

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Where the federal government sits with its national flood insurance review

May 20, 2020 by Greg Meckbach

Six years after the federal government promised to explore options for a national approach to home flood insurance, the feds are still thinking about it. About 13,000 were recently evacuated from Fort McMurray, Alta., because of flooding on the Athabasca

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Cross-currents

June 11, 2019 Jason Contant, Online Editor

With overland water damage claims rolling in from major floods across the country, the question still arises: are clients covered?

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How brokers personally assist during floods

May 2, 2019 by Jason Contant

The flooding last year in Grand Forks, B.C. was a prime example of how an insurance broker provides more than just policy advice and advocacy when disaster strikes. A broker could provide money upfront for additional living expenses, emotional support

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Is the industry taking a consistent approach to overland flood coverage?

April 23, 2019 by Jason Contant

Are carriers taking a consistent approach to covering overland flood? The flood waters sweeping across New Brunswick and Quebec have brought the issue to the forefront. In general, overland flood was not covered in Canada until 2015; only sewer backup

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The ‘touchy topic’ in Canadian home insurance

September 6, 2018 by Greg Meckbach

Lack of flood coverage in high-risk areas raises the controversial question of whether owners of high-risk properties should have their insurance premiums subsidized. Overland flood coverage was generally unavailable on home insurance policies in Canada until 2015. Now dozens of

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Where Canada sits with overland flood insurance

June 5, 2018 by Greg Meckbach

Five years after massive flooding caused more than $4 billion in uninsured losses in Alberta, more than a dozen insurers representing about three-fourths of Canada’s property insurance market are now covering overland flood. Sixteen insurers representing 77% of the market

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How new overland flood policies affect disaster assistance eligibility

May 29, 2018 by Jason Contant

Given recent flooding in Grand Forks and other areas of B.C., questions remain about the interplay between overland flood policies and how Disaster Financial Assistance (DFA) in B.C. factors into the response. Various insurance coverages for overland flood are new,

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Report to government suggests hot opportunity for brokers right now

May 14, 2018 by Jason Contant

Brokers in British Columbia looking to place overland flood cover should review a recent study that found polled respondents did not have access to overland flood insurance, did not know about it, or found it unaffordable. Even more alarming, most

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Canada starting to build a “culture of climate resilience,” insurers say

January 24, 2018 by David Gambrill

Canada is starting to create a culture of climate resilience, particularly around overland flood risk, says the Insurance Bureau of Canada (IBC), an association of Canada’s home, auto and business insurers. “We’re encouraged and fairly optimistic that the wheels are