One-in-five Canadian households are at a high risk of flooding.
Weather events and rainstorms have elevated the costs of flooding (now the costliest type of property damage) and the stakes for property owners and residents are at an all-time high. 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.
View the discussion here.