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…
A recent study suggests brokers have a golden opportunity to talk to homeowners one-on-one about how to protect homes from basement floods. With the right information and often for less than $500, homeowners can protect themselves from the increasing risks…
Nearly two dozen homes were damaged after one fatal incident Sunday near Toronto. An explosion demolished a house in Caledon, killing Joseph Westcott and damaging neighbouring properties, The Canadian Press reported. About 22 homes were “damaged to varying degrees,” Andrea…
Recurring basement flooding means a homeowner’s property is worth about $35,000 less than it would otherwise be valued at for tax purposes, says an official from the board that hears Ontario property tax appeals. Sharon Latta owns a home near…
Your book of business could have lower water losses if you give homeowner clients just three pieces of advice. First, homeowners should figure out whether their home actually has a backwater valve, said Cheryl Evans, director of the home flood…
BRITT, Ont. – From a helicopter flying over a smouldering swath of northeastern Ontario, Garry Harland has a clear view of where the firefighters under his command are working to extinguish a massive blaze that’s become known as Parry Sound…
Amid a wave of sump pumps, backwater valves and other methods designed to keep home basements dry comes a new, simple way to mitigate flood risk – an e-sensor. George Tsintzouras, CEO and co-founder of Canadian water tech company Alert…
Do your home insurance clients ever look at their sump pumps? A homeowner may have a sump pump and not realize that the motor has seized up or that the circuit breaker has tripped. To be on the safe side,…
A pilot program aimed at getting homeowners to reduce basement flood risk is getting a subsidy from the Insurance Bureau of Canada and Intact Centre for Climate Adaptation. The Toronto Home Resilience Program, which involves 200 homeowners, aims “help home…
SAINT JOHN, N.B. – For 48 years, Jerry McFarland’s rustic cottage on New Brunswick’s Grand Lake was a cherished refuge for family and friends, where precious summertime memories were carefully recorded in well-worn journals. Today, McFarland’s cottage is in ruins,…
Looking to advise homeowners on ways to reduce basement flood risk? Consider reminding consumers to shut off the water flowing to the garden hose in winter. FirstOnSite Restoration sees a lot of incidents where homeowners forget to shut off the…
Canadian insured losses from catastrophic events in 2017 totaled $1.33 billion, CatIQ Inc. reports, the fifth time that’s happened over the past seven years. “It’s becoming increasingly common to have Canadian annual insured losses to be greater than $1 billion,”…