Quote:
Originally Posted by Slava
Isn't insurance stepping in and covering a lot of this anyway? Seems like the fact that the province doesn't want to pay for future losses is sort of a moot point if people are being covered by insurers anyway?
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Some insurers are only covering half the damage. If you have a overland flooding and sewage, then they are often covering up to the ground, and the rest is the homeowners responsibility.
So in High River, where the waterline is 2 metres or more, the basement damage is covered up to the hgt of the ground on the foundation, some are making the basement ceiling the cut off.
There are plenty of people that have damage/loss that is not completely covered by insurance.