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Flooding Risk. Is it hard to get insurance?

What is the flooding risk to SA18 2BE area?

Asked on May 4 2013, General in Ammanford | Report content

Answers (1)

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  • Hi Johndavey2534, It is far harder to get insurance on your home if it is in a flood risk area or has fallen foul to the worst weather conditions in the past, because insurers don't want to have to pay out if the worst should happen and your home is damaged extensively by water. However, there is an agreement in place between the government and the Association of British Insurers (ABI) that makes sure that people living in such risky areas are guaranteed to be able to get insurance at an affordable price. The bad news is that this is not exactly the most assured thing at the moment, with the agreement set to come to an end, and both parties negotiating over how it will go moving forward. It has currently been extended for a month while the government tries to thrash out a deal to help people living in houses at risk of flooding.

    Answered on May 21 2013, Report content

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