![]() ![]() This could include a water line break, overflows from your washer or bathtub, or severe weather that causes water to get inside your dwelling. The basic level of your homeowner’s insurance includes some accidental water damage coverage. The same is applicable to condo insurance and tenant insurance, but it will depend on the policy. Why? Various types of water damage may not be included. Most plans will include basic water protection, but it’s highly recommended to purchase additional endorsements to increase your plan limits. It can cover repairs and replacement due to some types of water-related damage to your property. Water damage insurance is included with most home insurance policies. Keep reading to learn more about water damage insurance and get some great tips to protect your home against water damage. We work with the leading insurance providers in Canada so we'll compare quotes and plans to get you the lowest rate for your policy. With ThinkInsure, our experts will make sure you have the best water damage insurance in place to protect your home. It accounts for 50% of property insurance claims costs for Canadians. Water is the most common cause of damage in homes. With the drastic increase in severe weather such as heavy rain, fail, freeze-thaws and flooding cycles, homeowners are becoming more concerned about how water damage can affect their property. Water damage insurance policies are not all treated the same – that’s why you need to trust that your policy will cover you no matter what happens to your home. So, it's important to ensure you have the proper amount of water damage insurance in place. Water can be a homeowner's worse enemy at times. What you need to know about home water damage insurance in Canadaĭoes your insurance cover you for all types of water damage? It's not guaranteed that it does. ![]()
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