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What if a flood occurs and there is property damage? Is there compensation?

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What if a flood occurs and there is property damage? Is there compensation?

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Provincial government assistance is available to homeowners and renters; small businesses; farm operators; charitable and non-profit organizations; local government and provincial ministries. The Disaster Financial Assistance Program provides funds to replace or restore items essential to a home, livelihood or community service. Loss or damage to items for which insurance was reasonably and readily available is excluded. Recreational / seasonal residences, luxury goods, recreational items including rec rooms, damage to landscaping and land lost through erosion are not covered by the program.

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