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11/11/2005
Flood-risk homes to receive better insurance deal
Homeowners whose properties are at risk of flooding are to benefit from better deals on insurance, under new proposals announced by the Association of British Insurers.
The ABI announced that it would continue to provide flood insurance to existing customers in areas of significant risk, where there were plans to improve flood defences within five years.
This commitment had previously only applied until 2007.
The agreement is expected to benefit the owners of around 100,000 homes in flood risk areas, including Selby in North Yorkshire, Fordingbridge in Hampshire and West Bridgeford in Nottingham.
Stephen Haddrill, the ABI’s Director General, said: “The insurance industry is committed to ensuring that flood insurance remains available to existing customers where flood defences will be in place within five years.
“This is good news for the millions of homeowners and businesses who rely on insurance for financial protection from the cost of flooding.
“The government’s commitment to effective management of flood risk is very welcome and enables our members to continue flood cover for almost all households and businesses at risk of flooding.”
However, Mr Haddrill said that the ABI expected climate change to “dramatically increase” the risk of flooding and urged the government to make further progress in reducing the flood risk in vulnerable communities throughout the country. “Continued improvements on the ground are vital,” he said.
The ABI’s revised Statement of Principles comes into effect in January 2006.
(KMcA/GB)
The ABI announced that it would continue to provide flood insurance to existing customers in areas of significant risk, where there were plans to improve flood defences within five years.
This commitment had previously only applied until 2007.
The agreement is expected to benefit the owners of around 100,000 homes in flood risk areas, including Selby in North Yorkshire, Fordingbridge in Hampshire and West Bridgeford in Nottingham.
Stephen Haddrill, the ABI’s Director General, said: “The insurance industry is committed to ensuring that flood insurance remains available to existing customers where flood defences will be in place within five years.
“This is good news for the millions of homeowners and businesses who rely on insurance for financial protection from the cost of flooding.
“The government’s commitment to effective management of flood risk is very welcome and enables our members to continue flood cover for almost all households and businesses at risk of flooding.”
However, Mr Haddrill said that the ABI expected climate change to “dramatically increase” the risk of flooding and urged the government to make further progress in reducing the flood risk in vulnerable communities throughout the country. “Continued improvements on the ground are vital,” he said.
The ABI’s revised Statement of Principles comes into effect in January 2006.
(KMcA/GB)
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Homeowners Should Invest In Their Own Flood Defences
The government has said that households at risk of flooding should take on the responsibility of preventing future damage to their homes. This is despite the fact that such precautions may not reduce the cost of their home insurance or that they would even be able to buy flood cover.
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Museum Remains Closed Following Flood
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14 October 2013
New Pilot Scheme Launches To Prevent The Risk Of Flooding
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05 August 2013
Met Office Issue Flood Warnings As Rain Continues
The Met Office has issued a yellow severe weather warning amid fears of flooding caused by a heavy band of rain across the south-west and north of England, Wales and southern Scotland. Forecasters have said that up to 2 to 3 inches of rain could be possible in south-west England, with west Yorkshire possibly being worst hit.
Met Office Issue Flood Warnings As Rain Continues
The Met Office has issued a yellow severe weather warning amid fears of flooding caused by a heavy band of rain across the south-west and north of England, Wales and southern Scotland. Forecasters have said that up to 2 to 3 inches of rain could be possible in south-west England, with west Yorkshire possibly being worst hit.
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Northern Ireland WeatherToday:After a dry start this morning rain will spread from the northwest across all parts. This afternoon will be dull with some patchy rain and drizzle. Becoming much milder through the afternoon. Maximum temperature 11 °C.Tonight:A cloudy evening and night with a little light rain or drizzle, perhaps some clear periods developing along the east coast. A very mild night everywhere. Minimum temperature 10 °C.
