Does your insurance cover flooding? What consumers need to know
Insurance experts are warning Canadians to review their home insurance policies following severe flooding in Montreal and Edmonton. Many standard policies do not cover overland flooding or sewer backups, which are optional add-ons.
Why it matters
Extreme weather events are becoming more frequent, leading to significant financial risks for homeowners and rising insurance premiums across Canada.
After significant rain led to flooding over the weekend in Montreal and Edmonton, insurance experts are urging Canadians across the country to check their insurance policies to make sure they have adequate coverage for extreme weather.
The article relies on expert advice and factual reporting regarding insurance coverage and climate-related events.
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