Condo Owner Insurance – Overland Flooding Coverage
As discussed during the last Condo Chat “Understanding Condo Insurance” on March 15, I had let the group know that it had been quite difficult for me to find an insurance company willing to offer me overland flooding coverage as part of my personal condo insurance. Many insurance companies were not willing to offer me this coverage because my condo building is in a “flood fringe”. Last April, I finally found an insurer willing to provide that coverage for me – RSA.
Update: The very next day, I received a mailing from Intact Insurance (who just recently acquired RSA), and overland flooding coverage will no longer be provided. 😯
I am now starting my search all over again for an insurer who might be willing to provide this coverage. Again, my building is located in a “flood fringe”.
Can any members point me in the right direction as I attempt, once again, to find an insurer willing to provide this coverage? Or is it likely I will not be successful? Would be nice to know in advance if it’s not likely so that I don’t waste my time chasing an impossibility.
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