COVID-19: Information for our clients

Flood Insurance Waterloo

When was the last time you thought about flood insurance in Waterloo? We're guessing it's not at the forefront of your mind. Almost two thirds of Canadians believe their home will be protected by their homeowner's insurance if there's a flood. Staebler Insurance is here to let you know that home insurance in Canada doesn't cover overland flooding or storm surges. What does that mean for you?

That means if you want to be covered for flooding, it's a good idea to speak to a Staebler broker! The truth of the matter is that there's a need for new flood maps across the country, so homeowners don't presently have access to comprehensive flood insurance in Canada. But if you have a pool or a hot tub, or even the possibility of sewer backups, there's hope.

We can work with you to outline what kind of water damage your existing homeowner's policy covers, and work to potentially find and recommend better options, should you live along the Grand river or a major stream.

Ultimately, it's our job at Staebler Insurance to work for you and to be your advocate with insurance. Even though flood insurance in Waterloo isn't as comprehensive as it may be in other countries, we're happy to help find the best options for your needs. Give us a call today and let's get started!