Insurance Hunter - Home Flooding Caused by Sewer Backup

While a sewer backup is not something that you want to experience as a homeowner, it is a real risk that you need to be prepared for. The truth is that more than one-third of Toronto and Edmonton residents were not sure if their home insurance policy included coverage for sewer backups.*

With the weather becoming increasingly unpredictable in recent years, and with water damaged based claims accounting for more than half of total claims made per year, homeowners need to be proactive and take the necessary steps to protect their home and make sure they are clear about what their home insurance policy does, and more importantly, does not cover.

*Flood of information:Institute for Catastrophic Loss Reduction.http://www.iclr.org/images/Flood_of_information_Sandink.pdf


 
Sewer backup and water damage are major causes of home insurance claims in Canada each year. Here are some interesting facts you should know about sewer backup and water damage.
Based on recent estimates, the Canadian insurance industry pays
each year in claims due to water damage.1
residents that experienced sewer backup in the past didn’t know if they had insurance coverage for sewer backup2
After 83mm of precipitation fell during a five-hour period, nearly
Residents could not identify whether or not they had insurance coverage for sewer backup3
respondents that experienced sewer backup in the past didn’t know if they had insurance coverage for sewer backup2
A sump pump is a motorized mechanical device that keeps basements dry by pumping excess water from a sump to the surface.

Consider your entire home drainage system, what type of home you have, where you live, method of servicing and your flooding history before rushing out to buy and install backwater valves or a sump pump.4

Claims for water damage have risen from 20% of all claims to over 50% to reach
Make sure downspouts extend at least six feet from your basement wall.

Water should drain away from your house and neighbouring homes toward the street, backyard or back lane.1

SOURCES:
  1. Insurance Bureau of Canada. http://www.ibc.ca/
  2. Flood of Information: Institute for Catastrophic Loss Reduction. http://www.iclr.org/images/Flood_of_information_Sandink.pdf
  3. Institute for Catastrophic Loss Reduction. http://www.iclr.org/images/Involving_homeowners_in_urban_flood_reduction...
  4. Floodproof: Flood Prevention Program: http://www.edmonton.ca/for_residents/Homeowners_Guide.pdf
  5. Insurance Bureau of Canada.http://www.ibc.ca/

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