Despite good Surface Water Management some areas are still at risk of fluvial flooding.
Since the availability of more sophisticated flood risk modelling, households in high risk areas are now more likely to be charged a considerable premium on their household insurance above what they currently pay – if they can get insured against flooding at all.
The Government proposes to provide time-limited support to households at high risk through an agreement with the Association of British Insurers (ABI) on a proposed way forward, known as “Flood Re” – a reinsurance pool for high-risk households.
If this affects you, head to the DEFRA website for more information and a chance to give your views in an online survey. The consultation finishes on August 8th, so there is still time to have your say: https://consult.defra.gov.uk/flooding/floodinsurance/consult_view