Flood Insurance & Disaster Assistance

Understanding the differences in order to better serve your flood-related needs

 

What is flood insurance?

 
Flooding accounts for 6 of the top 9 most expensive natural disasters in Canada over the past 25 years, and insurers and taxpayers have spent over $12 billion in the last 10 years to recover from flood events.
All insured businesses in Canada are protected against flood. While many homes have sewer backup insurance, insurance for overland flood has only been available to Canadians since 2015. It is intended to protect against water that enters your home from overflowing lakes and rivers. A number of insurers offer this product nationally and most provinces will not provide disaster assistance if you have a flood and could have purchased overland flood insurance, but did not.
 

What is disaster assistance?

 
Each province and territory offers a disaster relief program that is closely tied to (and receives funding from) the federal Disaster Financial Assistance Arrangements (DFAA). Programs are available for residents, small businesses, agricultural producers, and charities, and you are responsible for handling your claims on your own. While there are some differences in how much you could receive, the process is generally the same, regardless of where you live.

 
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Disaster Assistance Programs listed by Province and Territory:

 

*Please note that FloodSmartCanada and Partners for Action do not take responsibility for the verification of the services and information identified below.

 

Alberta Emergency Management Agency

How much do they cover?

  • No limit for claim

  • Item limits – basic models

Disaster Financial Assistance

How much do they cover?

  • 80% of eligible damage to maximum payment of $300,000

  • No item limits

Emergency Measures Organization

How much do they cover?

  • 80% of eligible damage to maximum payment of $240,000

  • Item limits – basic models

Disaster Financial Assistance

How much do they cover?

  • 100% of eligible damage to maximum payment of $120,000 for residence (item replacement costs are outside this amount)

  • Item limits – basic models

Disaster Financial Assistance

How much do they cover?

  • 80% of eligible damage to maximum payment of $100,000

  • Item limits – basic models

Disaster Financial Assistance

How much do they cover?

  • 100% of eligible damage to maximum payment of $80,000

  • Item limits – basic models

Nunavut Emergency Management

How much do they cover?

  • Not Specified

Disaster Recovery Assistance for Ontarians

How much do they cover?

  • 90% of eligible damage to maximum payment of $250,000

  • Item limits – basic models

Emergency Measures Organization

How much do they cover?

  • Not Specified

Financial Assistance to Disaster Victims

How much do they cover?

  • 80% of eligible damage to maximum payment of $150,000

  • Item limits – basic models

How much do they cover?

  • 95% of eligible damage to maximum payment of $240,000

  • No item limits

Emergency Measures Organization

How much do they cover?

  • Not Specified