Did you know…
In 2012, the Insurance Bureau of Canada estimated that the average yearly insurance payouts for water damage was a staggering $1.7 billion dollars
Between 2000 and 2010 water damage claims increased by approximately 160% across Canada
According to the Canada Mortgage and Housing Corp, insurance claims stemming from basement flooding now total $140-million dollars a year
Each year in Canada, there are an estimated 30,000 to 40,000 incidents of flooding reported
Fortunately, insurance companies can take advantage of huge savings, simply by recommending Backwater Valves to their clients. Similarly, contractors and real estate professionals dealing with older homes can help ensure their client’s peace of mind by offering the flood prevention capabilities of a Backwater Valve. In many cases, local municipalities will even cover the cost of a Backwater Valve (consult your local municipality and ask them about their protective plumbing program).
That’s why the Backwater Valve is a win-win situation for homeowners as well as contractors, insurance professionals and real estate professionals.
To learn more about how your company can benefit from promoting Backwater Valve installations, contact us at: 1-844-91-FLOOD or email us at: email firstname.lastname@example.org.