How Insuramix is dealing with Covid 19:
The WHO (World Health Organization) has assessed COVID-19 as a Pandemic. We are committed to providing Insurance services during our regular business hours by Phone or Email.
Monday to Friday 9:00 AM to 5:00 PM.
We are currently seeing clients in person by appointment only.
Masking is required. If you cannot adhere to our masking policy, we would be happy to assist you by phone or email.
PHONE: 587-520-7080 or EMAIL: firstname.lastname@example.org
Prevention of this pandemic is best managed if we limit the in person contact with social distancing. Your business is very important to us, so please do call us or email us with any of your Insurance needs or inquiries.
Changes to Alberta Disaster Recovery Program 2021
Albertans living in high-risk areas may experience a natural disaster of one kind or another. The Government of Alberta continues to provide DRP assistance to all qualifying applicants; however, homeowners living in high-risk areas are encouraged to consider relocating or mitigating risks to their properties. Flood maps are available at https://floods.alberta.ca/.
Purchasing insurance It is important for Albertans to become educated about their disaster risks and ensure they are adequately insured. There are more insurance options on the market now than ever before.
Overland Water Coverage
Overland Water Protection is designed to protect against damage caused when ground water enters a property from the sudden accumulation of water such as damage caused by fresh water flood such as the overflow of a rivers or lakes, and the sudden accumulation of water due to heavy rainfall or spring run off.
Calgary Floods in 2013 have changed how Insurance Carriers respond to Sewer Back up losses. The introduction of Overland Water Coverage bridges the gaps of Water related losses when purchased with Sewer Back up Coverage.
Overland Water Protection is NEW SINCE 2017 coverage. Unfortunately not all properties are eligible. Mobile Homes and select Seasonal Properties unfortunately do not qualify at this time. Certain locations in Alberta do not qualify if they are;
1. Considered extremely high risk for flood
2. Have reverse driveways
3. Dwellings within 100 meters of a river or other flowing body of water do not qualify.
Cost of Coverage determines on the limits, deductibles and locations of the property. Overland Water Coverage can be tailored to fit your budget by selecting higher deductibles or limiting amount of coverage payable.
Legislation Changes to Condo Corporations – Jan 2020
Regulations came into effect on January 1, 2020. https://open.alberta.ca/dataset/d1cfec95-c9ec-4b0f-bba9-8be0a513931b/resource/4dd63982-4d5a-4c58-a7f5-7330a5db9c0e/download/sa-recovery-insurance-deductible-2020-03.pdf
Additional coverage is now available to you to protect you against the Condo Corporations “Charge Back”!
Most Condo policies cover you under their Policy wordings for $25,000 worth of coverage. However, with the new legislation this may not be sufficient.
Should you wish to increase your limits most Insurance Providers are offering higher limits at additional annual premiums and coverage available can vary with each insurance provider.
Most Condo Corporations have amended their wordings; therefore, we recommend that you review your Condo Corporations wordings. Below is an example of the wordings that some Condo Corporations have used to advise their Condo Unit Owners.
Example: Effective January 1, 2020, Corporations will be able to “charge back” the deductible portion of a loss if the loss originates from a Unit. There is no requirement to prove negligence on behalf of the Unit Owner/Occupant to do so. The maximum amount of the charge back is the limit of the Corporation’s deductible or $50,000 – whichever is the least.