Did you know?
Water damage is the main reason for insurance claims in Canada. These days, increased severe weather events cost the insurance industry around $2 billion in yearly catastrophic losses – most of which is due to water related damage, according to the Insurance Bureau of Canada.

Whether it’s a flood or a burst pipe from freezing weather, water damage a costly disaster you need to protect your home and assets against.



  1. Have your roof inspected and ensure any damage is repaired quickly.
  2. Maintain the weatherproofing around doors and windows.
  3. Clean the gutters and downspouts, regularly removing any debris to avoid build-up. Promptly repair or replace any loose or leaky gutters and ensure the downspouts are draining far enough from your home.
  4. Replace leaky hoses and pipes (incl. dishwasher, washing machine, taps, toilets etc.).
  5. Maintain your plumbing system and inspect the water tank for any signs of rust or leakage.
  6. Maintain caulking around sinks, toilets, baths and showers.
  7. Know where your home’s shut-off valve
  8. Consider installing a backwater valve (preventing sewage from entering your home) and a water alarm system.



It’s essential to ensure your home and assets are properly protected in case something goes wrong.

Not all home insurance policies cover all types of water damage – in many cases additional water damage coverage can be purchased. Your insurance broker can help you get the right insurance coverage for your needs, help you understand your policy and identify any coverage gaps.


Talk to your expert CBN broker about your insurance needs TODAY.

*Additional sources: ibc.ca; park.ca; squareone.ca.