8 Ways to Prevent Water Damage in Your Home

Water damage continues to be the leading cause of insurance claims in Canada. From flooding to burst pipes, it is important to take precautions to protect your home and assets.
Categories: Personal Insurance
Feb 22nd, 2022 | By: CapriCMW

Water damage continues to be the leading cause of insurance claims in Canada. It is now rapidly becoming the new norm, according to the Insurance Bureau of Canada, for severe weather events to cost $2 billion a year in insured damages - and the majority of that $2 billion comes from water-related losses. From flooding to burst pipes, it is important to take precautions to protect your home and assets.

HERE ARE 8 WAYS YOU CAN PREVENT WATER DAMAGE IN YOUR HOME:

  • Hire a professional to inspect your roof and get any damage repaired as soon as possible.
  • Maintain weatherproofing around your doors and windows.
  • Regularly clear the gutters and downspouts of any debris to avoid build-up. Loose or leaky gutters should be repaired or replaced promptly and check that the downspouts are draining far enough away from the home.
  • Any leaky hoses and pipes throughout your home must be replaced, including those connected to your dishwasher, washing machine, toilets, taps, etc.
  • Keep up with plumbing maintenance and inspect the water tank for rust or leaks.
  • Preserve the caulking around sinks, toilets, baths and showers.
  • Be aware of where your home's shut-off value is located.
  • Consider installing a backwater valve to prevent sewage from entering your home as well as a water alarm system.

Additionally, get familiar with what your home insurance policy covers and excludes with regards to water damage. Additional coverage options are often available.

Contact a CapriCMW Insurance Advisor to help you understand your policy, identify any gaps in coverage and secure the right insurance for your specific requirements and concerns.

The right protection for your home

Get started now with an online quote for your home insurance.

This content is powered by the Canadian Broker Network.

CBN_logo-250.png

CapriCMW is a proud member of the Canadian Broker Network (CBN), an alliance of Canada’s leading independent insurance brokerages representing over 50 offices, 1,500 professionals and over $1 billion in premiums. Learn more at canadianbrokernetwork.com.

Recent Blog Posts

Employee Benefits / employment insurance
Government of Canada Launches Phase Two of Consultations for EI Program Reforms

The federal government has launched the second phase of its consultations on modernizing the…

May 5th, 2022 | By: CapriCMW
Business Insights / careers
Five Reasons You Should Consider a Career in Insurance 

We're going to let you in on one of the best-kept secrets for career opportunities in Canada - the…

Apr 22nd, 2022 | By: Gena Prangnell
Business Insurance / Construction, mass timber, forestry
BC Launches Mass Timber Action Plan

The BC government has launched its Mass Timber Action Plan, dedicated to promoting the adoption of…

Apr 22nd, 2022 | By: CapriCMW
Search the Blog
photo-10.jpg

Confidence and Freedom

At CapriCMW, we provide personalized insurance and custom risk solutions to give you the confidence and freedom to focus on what matters to you. Talk to an Advisor or get a quote today.

Get a Quote    Or call 1-800-670-1877

Can’t find what you are looking for? Ask us!