Information for Consumers - Property Insurance

Five Things Homeowners Should Know

  • Before a loss occurs, it is important to work with your insurance broker or insurance company to understand your policy. Ask them what's covered and what's not.

  • If a disaster happens in the future, insurance companies will be expected to honour their contractual obligations. But they are not expected to cover anything not set out in your policy.

  • Sewer backup coverage is generally available to Albertans, and many insurers now offer coverage for losses caused by overland flooding (such as excess rainfall runoff).

  • Prevention is always the best strategy. See the Insurance Bureau of Canada's website ( for tips on how to prepare for disasters, including water-related.

  • If you're not happy with your current insurance coverage, shop around. You may be able to find a better fit elsewhere.

Back to Top

Related information

These pages may be of interest to you:

Back to Top


Page last updated:  August 28, 2018