Flood Insurance Difficult to Obtain for Homeowners at Repeated Risk

Original source: https://www.ctvnews.ca/canada/flood-insurance-difficult-to-obtain-for-homeowners-at-repeated-risk-1.4409568

All of the time we access the net effortlessly to reach out to you to relate to the betterment of having a Property Damage Adjustment Consultant on your side. Take a look at this story we ran across.

CTV.ca (05/06/19) Forani, Jonathan

More Canadians have flood insurance than ever before, however homeowners at replicated risk still face the most difficulty getting coverage. Insurance for”overland flooding,” from increasing water levels instead of sewer backups or roof seepage, has only been offered by insurers throughout the country because 2015. Approximately a third of Canadians have it, based on Craig Stewart of the Insurance Bureau of Canada. “For those which are at replicated risk, we are recommending to governments they have a tough look at tactical escape, getting those folks from harm’s way,” he says. According to some 2017 report by the Munk School of Global Affairs, flood-related losses have surpassed fire and theft as the primary source of house insurance claims, despite increasing claims, lots of Canadians are not even aware they live in a floodplain till they get flooded, says Stewart…. Read More

We appreciate you! And please call us if you need some help when dealing with your insurance adjuster. NO claim, NO fee!

Original source: https://www.ctvnews.ca/canada/flood-insurance-difficult-to-obtain-for-homeowners-at-repeated-risk-1.4409568

All of the time we access the net effortlessly to reach out to you to relate to the betterment of having a Property Damage Adjustment Consultant on your side. Take a look at this story we ran across.

CTV.ca (05/06/19) Forani, Jonathan

More Canadians have flood insurance than ever before, however homeowners at replicated risk still face the most difficulty getting coverage. Insurance for”overland flooding,” from increasing water levels instead of sewer backups or roof seepage, has only been offered by insurers throughout the country because 2015. Approximately a third of Canadians have it, based on Craig Stewart of the Insurance Bureau of Canada. “For those which are at replicated risk, we are recommending to governments they have a tough look at tactical escape, getting those folks from harm’s way,” he says. According to some 2017 report by the Munk School of Global Affairs, flood-related losses have surpassed fire and theft as the primary source of house insurance claims, despite increasing claims, lots of Canadians are not even aware they live in a floodplain till they get flooded, says Stewart…. Read More

We appreciate you! And please call us if you need some help when dealing with your insurance adjuster. NO claim, NO fee!