Our Policy Is Working For You

Serving Canadians Since 1982

Water Plus

What is Water Plus Coverage?

Previously, most home insurance policies did not include coverage for flood. Because of changes in our climate and the impact on our environment we have seen an elevated number of water-related claims. Statistics show that water is now the number one threat to your home, and because of increased incidences of severe weather even homes that are not situated on flood plains are susceptible to flooding and water damage. In response, we have developed Water Plus - a comprehensive product that covers freshwater flooding, sewer backup and mitigation, and any seepage that occurs as a result of flooding.

Water Plus Coverage can be added to all Homeowners, Condominium, Tenant (Comprehensive and Broad Forms) and Rented Dwelling Packages (Comprehensive Form only).

What's covered?

  • Flooding as the result of rising, breaking out or overflow of any inland body of water or watercourse (natural OR manmade)
  • Sudden and accidental entrance of surface water that enters your home or detached private structures
  • Additional Living Expense should you need to live elsewhere while damages are being repaired
  • Sewer backup
  • Sewer backup mitigation - following an insured sewer backup loss, we provide up to $1,000 for the installation of a normally open backwater valve installed on the main line or a sump pump with a back-up power supply

What's NOT covered?

  • Flooding as a result of any tidal body of water or watercourse, tsunami, seiche, storm surge, waves or tidal waves
  • Shoreline ice-build up or waterbourne ice or other objects unless another cause of loss insured occurs at the same time and contributes to this loss or damage
  • Continuous or repeated seepage or leakage of water
  • Ground water or rising of the water table unless another cause of loss insured occurs at the same time and contributes to this loss or damage
  • Loss or damage occurring while your property is vacant or under construction, unless we have given permission for construction or vacancy
  • Loss or damage from the intentional breach of any dam or levee built to control any natural or man-made watercourse or body of water
  • Subject to terms, conditions and exclusions of the policy

 

With the introduction of our Water Plus product, we have revised our sewer backup coverage. We now have sewer backup coverage included in Water Plus, and also as a stand-alone product - Limited Sewer Backup.

Limited Sewer Backup Coverage

What's covered?

You are protected against any direct physical loss or damage caused by the sudden and accidental backing up or escape of water or sewage within your home or any detached private structure through a:

  • Sewer on your premises
  • Septic system on your premises
  • Sump located within your dwelling or detached private structure
  • Drain located within or on your dwelling or detached private structure on your premises
  • Sewer backup mitigation - following an insured sewer backup loss, we provide up to $1,000 for the installation of a normally open backwater valve installed on the main line or a sump pump with a backup power supply

What’s not covered?

We do not insure loss or damage:

  • If flood water enters the dwelling and contributes to the loss or damage
  • If surface waters enter your dwelling or detached private stuctures on your premises and contribute to the loss or damage
  • Caused by ground water or rising of the water table
  • Occurring while the dwelling is under construction or vacant unless we have given permission for construction or vacancy.
  • Subject to terms, conditions and exclusions of the policy

 


 


 

  • Water Damage Prevention Checklist

    Download
What is Water Plus coverage?
Previously, most home insurance policies did not include coverage for flood or surface water. Because of changes in our climate and the impact on our environment we have seen an elevated number of water-related claims. Statistics show that water is now the number one threat to your home, and because of increased incidences of severe weather even homes that are not situated on flood plains are susceptible to flooding and water damage. In order to best protect our insureds, we have developed Water Plus to keep you covered when things get wet.
Is overland water damage covered under my homeowner’s policy?
No. Overland water coverage, whether flood or surface water, is not included in our regular homeowner’s policy. In order to be covered you would have to purchase Water Plus coverage in addition to your homeowner’s policy.
What types of policies is Water Plus available on?
Water Plus coverage is available for our Homeowners, Condominium, Tenant and Rented Dwelling packages (Comprehensive Form only).
What’s the difference between “overland water” and “flood”?
Flood is generally used as a term to describe the rising up and overflow of a body of water or a waterway. It includes spray, waves, tides, dam breaks, seiche, tsunami, tidal waves, and shoreline ice build-up (including waterborne ice or other objects).
Overland water is water that accumulates on, and is diffused over, the surface of the ground from a heavy rainfall or a fast spring thaw. We refer to it as “surface water” in our Water Plus and Limited Sewer Back-up Endorsement Forms.
What if I don’t live near water?
Will Limited Sewer Backup offer me enough coverage?
That depends. Limited Sewer Backup would not cover claims that arise from damage caused by backup to the sewer, septic system, sump or drains when surface water from torrential rains, flooding or ground or rising of the water table happens at the same time and contributes to the damages. Water Plus would respond to this combination of causes of loss. If sewer backup was the only cause of loss, you would be covered under the Limited Sewer Backup form.
What does Limited Sewer Backup cover?
As mentioned above, Limited Sewer Backup covers the direct and accidental backup of your sewer, septic system, sump or drains that are not associated with any type of surface water, ground water or flood damage. If the backup occurs at the same time as surface water, ground water or flood water enters the dwelling and contributes to the loss or damage, no coverage would apply.
After an insured loss that exceeds the amount of your deductible, we will also pay you up to $1,000 for expenses related to the installation of a recognized sewer backup loss mitigation device. Recognized sewer backup loss mitigation devices inlude a normally open backwater valve installed on the main line, and/or a sump pump with a back-up power supply.
Is there any water damage that ISN’T covered?
Yes. The following are not covered under Water Plus: the rising of, breaking out or overflow of any tidal body of water (from the ocean), tsunami, seiche, storm surge, waves or tidal waves, or the spray from them; continuous or repeated seepage or leakage; intentional breaches of man-made structures (such as dams and levees).
Does Water Plus have a deductible?
What about a limit of coverage?
Deductibles and limits of coverage will vary by region and eligibility.
How can I learn more about Water Plus?
Great question! For more information, please contact your independent broker or visit our website at peacehillsinsurance.com. Your broker will be more than happy to discuss your needs with you and help you purchase the appropriate amount of coverage.
My quoted premium is higher than I was expecting. Is there anything I can do to lower it?
There are a few things you can do to help lower your premium for Water Plus coverage. You can select a higher deductible, or you can purchase a lower limit of coverage.
Is Water Plus available everywhere?
No. We only write Water Plus business in British Columbia, Alberta, Saskatchewan and Manitoba. Some areas where we do write this coverage may be ineligible due to extreme risk of flood. Your best bet is to speak to your insurance broker to find out what is available to you.
More questions? Contact your local independent broker today and they will be happy to help!