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In 2017, floods caused over $590 million in insured damage across Canada (excluding government and the uninsured) and that approximately one-in-five Canadian households are at a high risk of flooding.
Our Senior Project Manager, Large Loss North America, Jim Mandeville, spoke with Global News about ways to be prepared.
As spring begins to warm up many parts of Canada, bringing with it heavy rains and snow melt, homeowners need to beware of basement flooding. Fortunately, homeowners can reduce their risk of a flooded basement with simple easy steps, starting with the purchase of a $50 plumbing part. Our Executive Vice President of Branch Operations, Kevin Clarke, recently shared this tip and several others with Canadian Underwriter.
As spring approaches across Canada, flood season in is full effect. While floods can happen at any time of year, spring thaws are the most common cause of flooding and flood damage in Canada. Every year, floods cause millions of dollars in property damage.
Here are 10 ways you can protect your property against flood damage, whether you’re a commercial property owner, property manager or homeowner.
Mould is a common problem, particularly in buildings with damp basements or after a flood. Read more about steps that can be taken to manage such situations as effectively as possible from our Senior Project Manager – Large Loss North America, Jim Mandeville.