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Canada's costliest catastrophe is flooding. Is your business prepared?

CCEM Strategies

1 Of the top 10 most expensive natural disasters in terms of insurance payouts in Canada, floods are responsible for four. The Insurance Bureau of Canada states that the insured damage of this event was $675 million. So, what can you do to help mitigate the effects of flooding? Be ready to clean up.

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Is Your Community Prepared for Flooding?

CCEM Strategies

Recovering from flooding can be challenging, particularly as insurance coverage may be limited, extraordinarily costly, or unavailable depending on the type of flooding (i.e., sewer backup versus overland flooding). Review and Enhance Flood Plans Your community already has emergency plans, and you may even have flood-specific plans.