Did you know that water is the leading cause of home damage in most provinces? Just this past May, communities across the country had to cope with flooding as heavy rainfalls hit various regions over many days.
What can you do to protect your home? Here, Marc Barbeau, property claims manager of Intact Insurance shares his top four tips:
1. Water-resistant décor. The next time you're renovating your home, explore installing cement board instead of drywall in your basement. It's typically used in showers and tubs and is less likely to absorb water. Cement boards are extremely moisture resistant and dry quickly when wet. For base moulding, consider a formed, paintable plastic material instead of wood. This way, even if water gets in, your home may be able to withstand excess water and mould damage.
2. Install backflow valves and sump pumps. A sump pump may help keep your basement safe and dry by collecting and disposing the water from your home. Already have a sump pump? Think about adding battery backup for times where the power is out.
When there's a heavy rainstorm, it may become too much for the sewers to handle, and waste can back up through floor drains, toilets and sinks. A backwater valve is a one-way valve that is installed on the main drain of your home. In the event of a backup, the valve closes to stop sewage from coming in.
3. Consider overland flood insurance. It's estimated that only 10 to 15 per cent of Canadians have insurance for overland flooding. New insurance products can help cover this. For example, Intact Insurance's enhanced water damage package consists of up to four components: sewer back-up, water and sewer lines, overland water and ground water. It's best that you talk to a broker to ensure you're getting the coverage you need.
4. Keep valuable items on higher floors. Store sentimental and valuable items on the upper floors of your home, away from the basement as many of these items may never be replaced if your basement floods.