Assess your risk
Some areas have higher risk factors for flooding than others. Living close to bodies of water or on shallow plains might increase your risk. Assess your risk by looking at a floodplain map to find out if you live in a designated flood zone.
Living in a high-risk zone: What now?
Be flood ready by preparing your resources and understanding your insurance policy. There are a few things to be wary of if you live in a high-risk flood zone and they include:
- Moving your valuables upstairs to keep them from being damaged in case of an unexpected flood
- Basement living — you should avoid using your basement as a primary living space as it is the first place that will get flooded when flooding occurs
- Keeping an eye out for dirty gutters and storm drains — make sure to clean your gutters and storm drains every so often to reduce your risk of flood
- Consider installing flood vents to prevent significant foundational and structural damage to your home in case of a flood — make sure they are up to government regulation
Know your insurance coverage
Standard home insurance typically does not cover damage caused by ‘’dirty’’ water flooding so, it is important to know what flood coverage is available to you. Water damage incidences that may be included in your standard home policy are broken pipes or backup from your home’s reservoir.
Due to the changes in weather and frequency of devastating flooding events in Canada, many insurance companies have begun offering overland flood insurance such as Onlia. There are a few different types of insurance when it comes to flooding and deductibles vary from company to company — it is important that you find one that suits you.
|Type of coverage||What it covers||What it doesn't|
Standard home insurance
Standard home insurance covers sudden bursting pipes, leaking appliances, water main breaks, and indoor plumbing bursts.
Flooding caused by poor insulation, frozen pipes due to uninsulated vacant home, issues caused by wear and tear, rust, or corrosion.
Overland flood insurance
|Overland flood insurance covers overflowing rivers, lakes, or floods caused by heavy rainfall or rapid snowmelt. Essentially, it covers floods caused by freshwater sources.||Saltwater flooding damages or damages caused by rising groundwater such as earthquakes, landslides, or tsunamis.|
|Sewer backup insurance
||Sewer backup insurance covers damage related to backflowing sewers, septic tanks, pipes, or drains.||Depending on your provider, sewer backups due to exterior drains such as, the bottom of your window well or sump pump failures may not be covered.|
|Insurance for renters||
Renters can seek out separate flood insurance that covers damage done to their belongings such as clothing, jewelry, electronics, or furniture.
|The standard renter's insurance does not include flood coverage. Luckily, any damage to the property as a result of flooding is covered by your landlord’s insurance|