Because of Saguenay’s close proximity to the St.Lawrence River, homeowners should consider purchasing additional insurance coverage for protection against flooding.
Most policies do not include it.
There are three main types of flooding against which a home can be protected: overland, sewer back-up and tidal.
Saguenay residents should also consider a policy that includes perils such as water damage and, further, understand what that covers.
Water damage from a pipe that bursts suddenly with no early warning signs of trouble is likely covered.
For example, if a burst pipe was predictable it may not be covered. Similarly, if a pipe freezes and bursts because a vacation cottage was left vacant and unheated all winter, it likely is not covered, because the outcome is easily foreseeable.
Finally, Saguenay homeowners should consider additional coverage for protection against earthquakes. They are not common in Quebec, but are also not unheard of.
Most home insurance policies don’t include coverage for earthquakes.