Nearly 50% of all home insurance claims in Canada are related to water damage and flooding, thus it is crucially important to understand this type of risk.
From an insurance company’s perspective, there are four types of flooding that can occur in Canada. Some are more likely to happen than others, and that means your insurance company is going to handle each of them differently. Knowing how each one is treated enables you to properly protect yourself—and your dwelling.
Take a look at the four different types of flooding that are listed below.
Here are the four main flooding types you should know about:
Overland flooding: originates outside of your home; typically, you would need an additional overland water endorsement to cover this risk.
Sewer backup: originates in your home when water enters your home, e.g. via a toilet or sewage. You would typically need an additional sewer backup endorsement to cover this risk.
Plumbing issues: originate inside your home and are typically covered by a standard home insurance policy.
Leaking roof: originates on the roof / in the attic and is often not covered if it occurs due to insufficient maintenance. If the same issue results from stormy weather, it might be covered.
Get home insurance to protect your home against flooding so you can stay dry.