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Protect Your Property from Water Damage this Spring

Released on March 24, 2017

The Financial and Consumer Affairs Authority (FCAA) encourages people to read and understand their insurance policies this spring as the snow starts to melt and water levels start to rise.

“As the warm weather approaches, people should review their insurance policies to see if they have water damage coverage,” FCAA Insurance Division Director Ian McIntosh said.  “There are different types of water damage coverage so contact your insurance agent or company if you have questions or concerns.”

Not all water damage is automatically covered through basic insurance packages.  Some coverage, such as sewer backup might be offered as additional coverage, which means you pay more.

Talk to your insurance agent to discuss your needs.

Here are some tips to help minimize water damage this spring:
  1. Keep water out of window wells.
  2. Put water sealant around basement windows.
  3. Consider installing a sump pump.
  4. Remove snow around the foundation.
For more helpful information, check out www.fcaa.gov.sk.ca/waterdamage.

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For more information, contact:

Shannon McMillan
Financial and Consumer Affairs Authority
Regina
Phone: 306-798-4160

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