The Financial and Consumer Affairs Authority (FCAA) wants you to understand what your insurance policy covers so that you are protected in case of an extreme weather event. Have you considered whether your home and car are protected from hail and wind damage when summer rolls around?
“Severe weather and natural disasters are sometimes an unfortunate reality in our spring and summer months,” FCAA Insurance and Real Estate Division Director Jan Seibel said. “However, being prepared is key. It’s important to obtain adequate insurance for your property in case it is damaged by severe weather.”
Here are some severe weather tips to consider:
The Provincial Disaster Assistance Program
The Provincial Disaster Assistance Program (PDAP) helps Saskatchewan residents and municipalities recover from natural disasters. Once a community has applied and been approved as being impacted by a natural disaster, PDAP will assist with the costs to replace or repair uninsurable essential items. PDAP will also assist with costs for cleanup from the disaster and for temporary relocation if required. PDAP is not intended to compete with private insurers or to provide full replacement coverage. Reimbursement of costs from PDAP are based on the depreciated or pre-disaster condition on essential items and prescribed rates are established for cleanup and other disaster-related costs.
For more information about PDAP, visit https://www.saskatchewan.ca/residents/environment-public-health-and-safety/access-funding-through-the-provincial-disaster-assistance-program.
For more information and tips about insurance, visit http://fcaa.gov.sk.ca/consumers-investors-pension-plan-members/consumers/insurance-consumers/insurance-basics.
Released by The Saskatchewan Government