- Ice Dams - The Cause and Cure
There is a NEW coverage that is available to you, our customers, that can be added to some policies dependant which company your policy is with.
The Overland Flood endorsement is for damage incurred from heavy rains or spring runoff. This endorsement is only for fresh water flooding events. This does not cover any coastal flooding from salt water such as tsunamis and tidal waves.
Working in harmony with sewer backup coverage, the overland coverage will protect you against:
Approval for this endorsement is typically based on:
What does it cost?
Premiums are influenced by individual customer characteristics which are evaluated with each policy.
What is the deductible?
Depending on the company, there may be various deductible options available. Typically the deductible is $1000, but certain companies also offer $2500, $5000, $10,000, $25,000 or $50,000 for Overland Flood Coverage.
For further information on this new coverage, please contact Hilton Insurance at 204.488.4484 or 204.786.3354. Our brokers are ready to assist you with any and all information concerning this article and whether this coverage can be added to the policy you currently have.