In response to the communities affected by the floods, the province of Nova Scotia announced disaster financial assistance for any household, small business, and not-for-profit that sustained uninsurable damages. Nova Scotians can now apply for disaster financial assistance related to damage from severe flooding.
The program covers up to $200,000 in uninsurable losses per household, small business, and not-for-profit organization.Disaster financial assistance does not replace private insurance; only uninsurable damage is eligible.
If you are not sure your home insurance covers flood damage contact your Bauld Insurance representative or the Insurance Bureau of Canada at 1-844-227-5422.
The disaster financial assistance application includes a form to be filled out by the applicant’s insurance company confirming that insurance was not available for losses. Applications are assessed for eligibility, and losses are verified by an adjuster; processing can take several months. Applications can be obtained online, at Access Nova Scotia centres or at MLA offices.