Canadian Underwriter

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sewer back-up

A property affected by November 2021 flooding as seen on the Shackan Indian Band.
News Insurance

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

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ICLR to host webinar on lot-level approaches to control urban flood risk and mitigate basement flooding

April 7, 2017 by Canadian Underwriter

The Institute for Catastrophic Loss Reduction (ICLR) will be hosting a webinar in two weeks on lot-level approaches to control urban flood risk and mitigate basement flooding. The webinar on April 21 at 10 a.m. Eastern time is part of

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The Guarantee launches two new water endorsements

March 28, 2017 by Canadian Underwriter

The Guarantee Company of North America has announced two water endorsements, which came into effect on Monday for new businesses and on May 23 for renewals. The GUARANTEE GOLD H2O+ and Guarantee SUPERIOR H2O+ endorsements are comprehensive, read-in coverage that

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Commonwell Mutual Insurance Group offers new flood policy endorsement for Ontario homeowners

February 13, 2017 by Canadian Underwriter

Commonwell Mutual Insurance Group has a new policy endorsement that uses geo-coding to provide Ontario homeowners in low- and medium-risk zones with protection against property damage from flooding, surface water and sewer back-up caused by flood events. Starting Feb. 13,

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Pembridge Insurance announces enhanced Water Damage Extension endorsement to cover overland flooding

June 15, 2016 by Canadian Underwriter

Markham, Ont.-based Pembridge Insurance Company has announced the launch of their enhanced Water Damage Extension endorsement, which includes protection for sewer back-up and is now extended to include overland water, or fresh water flooding and damage caused by surface or