Wednesday 1 February 2012

Flood insurance argument could leave millions high and dry | Money | guardian.co.uk

Flood insurance argument could leave millions high and dry | Money | guardian.co.uk

Up to 200,000 homes in England and Wales have been warned they will struggle to obtain adequate flood insurance after June 2013, when the insurance industry's voluntary flood agreement with the government ends.

In 92 constituencies there are 1,000 or more homes at high flood risk, the Association of British Insurers (ABI) said after analysing the latest Environment Agency flood data.

Boston and Skegness in Lincolnshire is the constituency with the most homes at significant risk of flooding, with 7,550 properties under threat, followed by the Vale of Clwyd (7,339 homes), Folkestone and Hythe (7,196), and Windsor (7,125). A property is defined as being at risk if it has a one in 75 chance of flooding in any given year.

No comments:

Post a Comment