What do I do to get buildings insurance in a flood area?

 

This is a very topical subject. Flooding in Britain is increasing and the cost to home insurance companies is growing quickly. Around 5 million people now live in flood risk areas.

 

This means that most house insurance companies will not accept a high flood risk property as a new case simply because they cannot underwrite the risk of an expensive flood claim.

 

However an un-written rule with insurance companies is that once you are insured with them if you suffer a flood and you have correctly declared the history of the home and your claims history, then they will continue to insure it.

 

This normally applies when a flood risk home is sold on, the same insurer will offer the new homeowner cover.

 

It is difficult to attain cover beyond this for a flood risk home. There are some specialists who will consider your house but Yourhomeinsurance.co.uk does not have a scheme on its panel that will take a flood risk house.