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Update Insurance Before The Flood

Saturated soil and heavy snowfall mean many Manitoba homeowners are faced with the very real possibility their property will flood this spring. That’s why CAA Manitoba Insurance is reminding homeowners to take precautions against water damage and to find out what is and what isn’t included in their insurance policy.

“Flood forecasts already predict a flood of at least 2009 levels,” said Liz Peters, CAA Manitoba public and government affairs manager.

“The province has purchased more flood-fighting equipment and the City of Winnipeg has announced a program to subsidize the cost of sump pumps and backwater valves, so homeowners should follow that lead and begin preparations too.”

Peters said while homeowners can’t always prevent flood waters from reaching their homes, what they can do is ensure their insurance is up to date and accurate. Homeowners should schedule an insurance checkup with their broker as soon as possible because often during natural disasters, such as floods, new or upgraded policies can be restricted.

“Everyone should make it a priority to ensure their policies are accurate, current and provide all the coverage they need,” Peters said. “Make sure recent renovations and additions are reflected in your coverage. If you plan to install a sump pump or backwater valve, you also need to report that to your broker.”

Peters said in addition to installing a backwater valve or sump pump, there are also many steps homeowners can take to help flood-proof their homes.

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