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Renovation tips

2 min read

What You Need to Know Before Renovating Your Flooded Basement

Renovation tips

2 min read

What You Need to Know Before Renovating Your Flooded Basement

Renovation tipsWhat You Need to Know Before Renovating Your Flooded Basement

Flooded basements are all too common and can be caused by several factors. If you just experienced a flood in your basement and are looking to renovate this part of your house, has a few tips to help you know where to start.

Each year in Canada, insurance companies award more than 140 million dollars to their customers for flooded basements. On average, there are 30 to 40 000 thousand cases per year, which generally cost $3 000 to $5 000 each. However, rates to fix damaged basements can easily reach $15 000 and in extreme cases, up to $50 000. Many insurance policies do not cover flooding in basements if the cause is due to a force of nature.

Will things change in the coming years knowing that this is an increasingly common phenomenon? It's hard to say anything specific or to make predictions. That being said, homeowners need to be informed and it is in their interest to know how to respond to a flood, to ensure their home is still in good condition. Afterwards, if there is work to do, it is also important that they know the steps to follow so that everything proceeds in the best possible conditions.

Renovating Your Flooded Basement: What You Need to Know

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Last modified 2023-11-07

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