Understanding Flood Insurance in Alberta

April 7, 2025

What You Need to Know This Spring

Spring is here, and with it comes the potential for flooding in Alberta. One important aspect of homeowners insurance that can help you during such events is overland water coverage. This type of insurance protects against damage from torrential rainfall, the sudden rising of a body of water, or the rapid melting of snow and ice.

But do you know all there is to know about your insurance policy?

We recommend that you review your policy carefully to ensure you are adequately covered for spring, especially with the increased risk of flooding. Every insurance company has its own Standard Endorsement Form (SEF) for this type of insurance. While your broker may have explained all the details to you, it’s easy to forget what coverage you have. Are you covered for what you need?

Here is what most carriers in Alberta typically cover for water damage:

What Flood Insurance in Alberta Typically Covers:

1. Overland Flooding: Damage from torrential rainfall, the sudden rising of a body of water, or the sudden melting of snow or ice.
2. Sewer Backup: Damage caused by the escape of wastewater or sewage into your home.
3. Drying Out of the Home: Includes debris removal, restoring fittings and fixtures, professional services for rebuilding, and legal representation.
4. Additional Living Expenses: Costs related to the flood event, such as temporary housing.
5. Water Damage from Inside Your Home: For example, damage from a burst pipe.

What Flood Insurance Typically Doesn’t Cover:

1. Personal Belongings: Damage to personal belongings is generally covered by the contents portion of your home insurance, not flood insurance.
2. Damage Due to Wear and Tear or Poor Maintenance: For example, damage to your roof caused by wear and tear or poor maintenance is usually not covered.
3. Damage from Underground Water: Water seeping through foundation walls or basement floor.

Spring cleaning is not just about decluttering; it’s an opportunity to safeguard your home and your investment. By reviewing your homeowners coverage and addressing any potential vulnerabilities, you can prevent costly surprises down the road. Taking proactive steps, such as installing moisture detectors, will help ensure that your home remains a safe and welcoming place. Embrace this season of renewal by reinforcing your home’s defenses and enjoying peace of mind as spring unfolds.