City of Yellowknife
Less than 1 min.read

Comprehensive water insurance now available in the NWT

Meaghan Richens
By Meaghan Richens
As of today, Comprehensive Water insurance is available to homeowners in the Northwest Territories, Saskatchewan, and Yukon.
The Co-operators announced in a news release today that their Comprehensive Water insurance is the only in Canada that provides protection from storm surge, overflowing lakes, rivers and creeks, and sewer or septic backup.
Storm surge, which includes rising water levels and waves caused by storms, presents a significant flood risk in the coastal regions of the country.
But, with the increase of extreme weather due to climate change, the risk of storm surge has grown for communities located near lakes and rivers.
Floods have surpassed home fires as the costliest cause of damage to homes in Canada.
During the 2013 Calgary flood, the average cost to homeowners that suffered losses was 79 thousand dollars.
Meaghan Richens
Meaghan Richens
News reporter. Got news tips? Email me at [email protected] or hit me up on Twitter https://twitter.com/MeaghanRichens?lang=en

Continue Reading

You may also like



cjcd Now playing play

- Advertisement -

Related Articles

- Advertisement -

Latest News

Behchokǫ̀ RCMP respond to reports of shots fired

RCMP
RCMP in Behchokǫ̀ have responded to a report of shots being fired in the community.

GNWT breaks ground on new Territorial Wildfire Centre

Northwest Territories
The Government of the Northwest Territories broke ground on the new Territorial Wildfire Centre building today, marking what they say is a new milestone in public safety investment.

Yellowknife’s aquatic centre gets official name

City of Yellowknife
As of Saturday, the aquatic centre in Yellowknife will officially have a new name. After opening about one year ago, the aquatic centre has eagerly awaited naming.

NWT’s emerging leaders pass motions on health reform and environmental sustainability

Northwest Territories
Young leaders from across the territory took the places of MLAs and Ministers at a mock session this week, bringing a voice to critical issues affecting communities of the North. “Representing your community in this chamber is a great honour and one that carries responsibility. You were all selected to be here because of your dedication, leadership and commitment to your schools, families and communities," said the N.W.T. Commissioner Gerald W. Kisoun

Aklavik Access Road closes April 30, one day earlier than anticipated

Northwest Territories
The N.W.T. Department of Infrastructure has closed the Aklavik Access Road as the winter road season comes to a close. On Wednesday, the department issued a 72-hour closure caution but warned that the road “may close sooner with little to no notice.”