Manitoba brokers empathize with Alberta counterparts

One of the hardest things Alberta brokers will have to do following a record-setting flood is handling the reaction of policyholders when they find out insurance coverage for overland flood is not available, say Manitoba brokers who are well-versed in flooding disasters.

Five major storms in in Manitoba caused extreme flooding in most watersheds, rivers and lakes in 2010-11, and the Assiniboine River experienced a 1-in-350-year flood. Sixty-four municipalities declared states of local emergency, and a report to the Province of Manitoba estimated damages to be $1.2 billion.