Insurance Blogs hosted by Canadian Underwriter
Insurance Blogs hosted by Canadian Underwriter
Hundreds of thousands of homes across Canada have sump pump systems, designed to collect water from the weeping tiles and safely eject it away from the foundation. These systems are a major source of property damage claims for Canadian personal…
Read more →
On December 11, the Institute for Catastrophic Loss Reduction (ICLR) rolled out its latest retrofit home to the media. The home in Burlington, Ontario was retrofitted to reduce the risk of basement flooding. ICLR chose Burlington because it was ground…
Read more →
As a centre of excellence for basement flood risk reduction, ICLR never advises that just a backwater valve will reduce the risk (indeed, we have 20 tips to reduce basement flooding). Yet Canadian insurers have taken to advising insureds to…
Read more →