As the flood waters recede in many areas across Alberta, the long process of recovery begins. Experts estimate damages from the floods will total as much as $5 billion.
Over half of renters surveyed did not have home insurance because of some confusion about cost, liability issues, and the true value of their property.
A recent survey of BC and Alberta residents indicate that 21% of respondents did not have the right home insurance protection and they were unaware better protection was available for a marginal amount more.
Square One Insurance provides Canadians living in urban centres with modern, relevant home insurance is expanding from British Columbia to include Alberta residents.