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Spring is here, make sure you’re covered by flood insurance


The sun is coming out, and the snow is disappearing. You know what that means, it’s flood season.

And because flood season is upon us, it’s time to make sure you’re covered, North East Mortgages President Terry Kilakos reminds homeowners.

“What you need to do is ask specific questions,” Kilakos explained. “When you call your insurance company, you should say ‘I want to know, do I have flood insurance, yes or no?’ And if the answer is yes, then ask ‘To what extent am I covered? How much am I covered for?’”

It’s also important for you to ask for details on what is covered by your insurance plan, Kilakos said. Things like whether acts of God or sewer backups are covered are important to know.

“Otherwise, you’re going to end up in a situation where a flood—knock on wood—and you’re not going to be covered,” he said.

There are also online resources that can give you an idea not just of what to do if there’s a flood, but where in your area may be prone to flooding.

“You can look at the government’s website, there’s a whole bunch of different places where you can go and get information about flood zones, and what you can do, and how to better prepare yourself and get yourself educated,” Kilakos said.

The government of Québec has a map you can consult to see if your area is within a designated flood zone. You can find that map here: https://geoinondations.gouv.qc.ca.


The government also offers advice on what to do to prepare yourself for flooding, as well as what to do once a flood has arrived. You can find more about what Quebec recommends at this link.

At North East Mortgages, we do more than just mortgages. We have a full-service dream team, that gets you from start to finish when purchasing your home—and this includes insurance specialists.

Terry Kilakos is a Chartered mortgage broker and President of North East Mortgages. Terry and his team are highly trained mortgage brokers servicing all of Quebec and some parts of Canada. Their portfolio of satisfied clients gives them a sound reputation and makes them the number one choice for mortgage advice. With access to over 20 financial institutions, their role is to shop the mortgage market in order to find the best rates and options available for your situation. Contact us anytime with your questions! info@northeastmortgages.com and visit www.northeastmortgages.com.

In partnership with Terry Kilakos is Eleni Akrivos, Chartered real estate broker and President of North East Realties. Eleni is a lecturer in the Residential Real Estate Program at College Lasalle and Co-Hosts “The Real Estate Show” on CJAD AM800 radio every Sunday at 1:00pm. To send her questions or comments please write to eleni@nordestimmobilier.ca and visit www.northeastrealties.ca for more articles and videos.

By: Terry Kilakos

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