Tenants in a house damaged by the flood can claim damage to their personal possessions while a landlord can claim for flood damage to the house and property.
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Tag Archives: insurance
High River businesses in for long haul
It will take a time and help for High River business owners to recover from the flood which ravaged the town last week, but they are not abandoning their community.
“All of us together hand-in-hand, whether it is a franchise, a mom-and-pop restaurant we are depending on insurance, savings and some help from the federal government,” said Yoursa Jomha, president of the High River and District Chamber of Commerce.
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Insurance company gets ball rolling
An Okotoks insurance agency has been flooded with claims since opening its doors on Saturday to help victims of the Highwood and Sheep Rivers breaching their banks last week.
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‘Many, many’ Canadian homes could become uninsurable
Millions of Canadians living in many parts of the country could find their homes declared uninsurable, as the insurance industry grapples with skyrocketing water damage claims.
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Many Calgary small businesses will be in jeopardy: Chamber president
CALGARY — The president and chief executive of the Calgary Chamber of Commerce is worried that many small businesses in the city will not be able to recover from the devastating flood.
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Calgary homeowners out of luck? Flooding not usually covered by insurance
Calgary homeowners who hope to make claims with insurers for flood damage will be out of luck in most cases.
That’s because not all flooding is covered under most insurance policies.
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Alberta urged to prepare for increasingly severe weather as insurance losses mount
Canada’s insurance lobby says Albertans are less likely to be worried about weather trends linked to climate change than others in the country, despite a recent six-fold increase in insured damages from severe storms, fires and flooding.
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Alberta leads Canada in extreme weather loss claims: insurance industry
EDMONTON – It seems Mother Nature has a thing for Alberta when it comes to severe weather.
The Insurance Bureau of Canada says 62 per cent of all insurance losses from natural catastrophes in the country last year were in the province.
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Ignore Anyone Who Tells You Insurance Is An Investment
Insurance has one purpose, and one purpose only.
Remembering that purpose will keep you from expensive insurance ‘solutions.’
The purpose of insurance is risk transfer.
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Boston bombings show need for terrorism insurance
Catherine Mesner, who lives in the South End of Boston needed clothes last week for a yoga retreat. She had originally planned to shop at nearby Lord & Taylor and Lululemon but ended up elsewhere because much of the area was still closed due to the Boston Marathon bombings.
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