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Flood Insurance / Overland Water Protection in St. John’s, Corner Brook and throughout Newfoundland.
Just because you don’t live in a high flood risk area, doesn’t mean it’ll never happen to you. We’ll provide the specialized coverage you need to help protect your home from rising waters – even if you’re not in a flood zone.
Wedgwood Insurance is proud to offer Overland Water Protection to eligible clients with personal property policies. Many of the companies we represent now offer some form of this product which covers damage caused by water that suddenly accumulates and enters your property. This will greatly enhance the water protection for property owners or tenants with sewer back-up in place.
Most comprehensive homeowners insurance policies will provide coverage for damage caused by broken water pipes. Additionally, many current homeowners policies offer you the chance to add coverage for sewer back-up. Sewer backup is the sudden and accidental back up or escape of water or sewage within your dwelling or detached private structures. This damage may be caused by water coming up through a sewer, septic system or sump pump located on your property.
Overland Water Coverage can be purchased by customers who already carry the sewer back up endorsement, as a way to protect yourself against types of overland water flooding.
How can flood insurance protect you?
Use the yellow hot spots and explore how flood insurance can help protect against common risks.
Building Coverage: Foundation
Risk Factor
Damage to the foundation, staircases, and anchorage systems can compromise the structural integrity of your home, leading to major structural problems.
Solution
Building Coverage for the Foundation covers damage to these critical structural components, ensuring your home's stability and safety.
Building Coverage: Garage
Risk Factor
Detached garages are vulnerable to flood damage during covered events, sometimes requiring repairs or rebuilding.
Solution
Building Coverage for the Garage protects detached garages from flood damage, providing financial security during such events.
Building Coverage: Electrical & Plumbing
Risk Factor
Floods can cause extensive damage to electrical and plumbing systems, leading to dangerous situations and invasive repairs.
Solution
Building Coverage for Electrical & Plumbing safeguards you against flood-related damage to these essential systems, ensuring safety and financial protection.
Building Coverage: Appliances
Risk Factor
Floods can damage permanently installed appliances and cabinetry, resulting in high replacement or repair costs.
Solution
Building Coverage for Appliances covers damage to these essential components, maintaining the functionality and aesthetics of your home.
Contents Coverage: Furniture
Risk Factor
Floods can damage or destroy furniture such as couches, tables, and beds, leading to significant financial loss.
Solution
Contents Coverage for Furniture protects against damage to these items, ensuring you can replace or repair them after a flood.
Contents Coverage: Electronics
Risk Factor
Home electronics and some mobile appliances, such as washers, dryers, and microwaves, are susceptible to flood damage, which can result in costly replacements.
Solution
Contents Coverage for Electronics covers damage to these items, providing financial relief in the event of a flood.
Contents Coverage: Clothing
Risk Factor
Flood water can ruin clothing, leading to unexpected expenses to replace essential garments.
Solution
Contents Coverage for Clothing protects your clothing from flood water damage, ensuring you can replace damaged items without financial strain.
What is Overland Water?
Water that accumulates upon or submerges land which is usually dry resulting from the unusual and rapid accumulation of runoff surface waters from any source, including torrential rainfall and snowmelt. Also the rising, breaking out or overflow of any body of fresh water. It does not provide coverage for flooding caused by waves, tides, tidal waves, tsunamis or the rising, breaking out or overflow of any body of salt water, whether natural or man-made.
Why You Need Water Protection
Water damage is now the largest source of claims for homeowners, surpassing fire. This is why it is extremely important that you Contact Us to determine how Overland Water protection can work for you. We can advise you with more details on how this coverage works, and an estimate of the cost to add this important coverage to qualifying policies.
For most homeowners, floods are a low-likelihood but high-cost risk. If you are hit by flooding you could lose many or most of your personal possessions, face major reconstruction work and be left homeless for months while your property is made habitable again. In most cases, not having flood insurance is a chance you simply can’t afford to take.
Contact us and we’ll help explain the benefits of obtaining a separate flood insurance policy.
