Greater than 35,000 households helped by flood insurance coverage listing since launch

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Your assist makes all of the distinction. Learn extra Greater than 35,000 households have been helped by a listing to seek for flood insurance coverage since its launch 4 years in the past, in accordance with trade our bodies.

The flood insurance coverage listing was launched in February 2022 to assist households in flood-prone areas to entry appropriate insurance coverage.

The British Insurance coverage Brokers’ Affiliation (Biba), the Affiliation of British Insurers (ABI) and Flood Re, a scheme which goals to make the flood cowl a part of family insurance coverage insurance policies extra inexpensive, have been marking 4 years because the launch.

These behind the initiative mentioned the figures mirror the success of an settlement carried out alongside the listing in September 2022, which noticed the trade decide to signposting folks declined flood cowl or provided insurance policies with flood exclusions to the listing.

Floods minister Emma Hardy mentioned: “Flooding has a devastating and lasting affect on households, so it's nice to listen to that the flood insurance coverage listing is making an actual distinction for households going through flood threat, serving to them discover appropriate cowl and peace of thoughts.

“This Authorities is spending at the least £10.5 billion up till 2036 to construct and restore flood defences in England, and initiatives like this are additional examples of what may be achieved when authorities and trade work collectively.

“I welcome the continued efforts to lift consciousness of the listing to make sure householders know their choices and may safe the safety they want.”

Biba chief government Graeme Trudgill mentioned: “4 years on, the flood insurance coverage listing operated by Biba continues to ship on its promise.

“It's serving to 1000's of individuals discover the safety they want for his or her houses.

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“The rise in utilization exhibits that signposting works, and we’re proud to see the trade come collectively to assist these in want.”

The listing was developed in response to a overview of flood insurance coverage in Doncaster, which known as for improved entry to flood insurance coverage.

Working with Defra, Biba, the ABI and Flood Re created the listing and signposting settlement as a response to assist householders.

The listing at present options 24 permitted insurers and brokers.

Kelly Ostler-Coyle, director of company affairs at Flood Re, mentioned: “We’re delighted that the flood insurance coverage listing has supported greater than 35,000 households in its first 4 years.

“It continues to be a vital useful resource for householders who aren't eligible for the Flood Re scheme.”

Chris Bose, ABI director of normal insurance coverage coverage, mentioned: “In serving to over 35,000 households discover appropriate insurance coverage once they may in any other case wrestle to entry cowl, the listing is delivering precisely what insurance coverage is there for – important, sensible assist for householders going through the challenges of flooding.

“It’s encouraging to see the actual distinction that is making for thus many shoppers.”

The ABI has beforehand highlighted the significance of embedding local weather resilience into new housing developments.

It has mentioned this implies designing and developing houses that may face up to flooding, excessive warmth, excessive winds and subsidence, and making certain houses aren't inbuilt areas vulnerable to flooding.