flood cover, please talk to us
Flooding can be devastating to both homes and businesses, causing huge amounts of property damage along with the pain and frustration of dealing with the aftermath, which can take months to rectify. The environment agency has estimated that 2.4 million properties in England are currently at risk of river or coastal flooding, and there are an additional 3 million properties at risk of surface water flooding; 600,000 of these are at risk of both.
The devastation that flooding can cause to homes and businesses can be huge. Of the 28 million properties in the UK, more than five million are at risk of flood. On current trends up to 20,000 houses are likely to be built this year in flood risk areas.
Flood Re’s purpose is to promote the availability and affordability of flood insurance for eligible homes, while minimizing the costs of doing so, and manage, over its 25 year lifetime, the transition to risk reflective pricing for household flood insurance.
If you need any help or support with accessing insurances to include flood cover, please talk to us.