The world has seen a number of natural disasters in recently. From hurricanes Harvey, Irma, and Jose to more recently hurricane Maria. These storms devastate and hit close to home as we all have family or friends that have been affected by these disasters. While Toronto not have been victim to these storms, the GTA has seen its own fair share of flooding in its past.
Flood insurance has become more popular in the last few years. Climate change has resulted in stronger, more massive weather events. More communities have become susceptible to flood and water damage. Properties beside bodies of water are not the only ones at risk anymore. Water-related losses cost the Canadian Insurance Industry about $1B each year and damage from extreme weather has grown 650% from 2006-2012. As weather becomes increasingly unpredictable, it is more and more important to look into the right protection for your home.
Consult one of our experienced insurance professionals at Pacific Insurance today at 416-494-1268 to find out what coverage is available to you.