Water Damage The leading cause of property losses in offices, apartments and other real estate facilities is from liquid damage. A review of claims data shows there is nearly a 50 percent chance that the next property claim will be water related and if it is, it will cost, on average, three times as much as a claim that does not involve water damage. |
A first in the Canadian insurance marketplace – overland water protection for personal property.
Introducing Overland Water Protection
With tens of thousands of Canadians suffering losses from water damage in recent years, Aviva Water Protection offers timely coverage for you. This coverage can be added as an endorsement to existing personal property policies – for owners or tenants where sewer backup protection is in place.
This new product covers damage caused by water that suddenly accumulates and enters your property during weather events such as heavy rains, spring run-off, or overflowing lakes and rivers. Overland Water goes hand in hand with the water coverage in your base policy and sewer backup coverage.
Overland Water Protection and Sewer Backup coverage is optional, however having the right protection in place when you need it is critical. Riverstone Insurance has an outstanding team of highly knowledgeable, professional, and client focused insurance brokers as well as certified risk management professionals.
“If Overland Water Protection coverage was available to you and not purchased, Alberta Disaster Relief MAY NOT be made available to you in the future should you suffer an uninsured loss”
With tens of thousands of Canadians suffering losses from water damage in recent years, Aviva Water Protection offers timely coverage for you. This coverage can be added as an endorsement to existing personal property policies – for owners or tenants where sewer backup protection is in place.
This new product covers damage caused by water that suddenly accumulates and enters your property during weather events such as heavy rains, spring run-off, or overflowing lakes and rivers. Overland Water goes hand in hand with the water coverage in your base policy and sewer backup coverage.
Overland Water Protection and Sewer Backup coverage is optional, however having the right protection in place when you need it is critical. Riverstone Insurance has an outstanding team of highly knowledgeable, professional, and client focused insurance brokers as well as certified risk management professionals.
“If Overland Water Protection coverage was available to you and not purchased, Alberta Disaster Relief MAY NOT be made available to you in the future should you suffer an uninsured loss”
Overland Water Eligibility The Overland Water Endorsement is available to the vast majority of customers and can be added to eligible or qualifying policies for new business, at renewal or mid-term. There will be a few people who live in areas that are very highly prone to overland water where this offer of coverage will not be offered. If your property is located within 100 meters of a river or with a reverse slope driveway, you may be ineligible for the Overland Water Endorsement. |