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ABI Research Shows after 2013, 200,000 Properties May Not Be Covered for Flooding Risk

Posted byTulloch Priest
Tulloch Priest
Founding Member of Priest Properties Ltd
User is currently offline
on Thursday, 02 February 2012
in Letting Tips
The Association of British Insurers have pointed out that as many as 200,000 homes may be unable to get insurance against flooding once current agreements between home insurance companies and the government come to an end on July 1 2013. At the moment an agreement called the Statement of Principles is in place which guarantees that homes at risk of flooding will be able to continue with their insurance while the government improves flood defences. As yet there is no firm commitment that the protection will be extended, and the ABI is keen to see the government take on at least...

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