Most flat owners remain excluded from Flood Re, the government’s scheme to ensure that flood-prone properties are covered by some form of insurance. LKP has written to DEFRA Minister Dan Rogerson expressing its strong disappointment. Flood Re is a government-brokered deal with insurers that aims to ensure that those in homes at risk of flooding […]
Leasehold left out of government Flood Re insurance scheme
The government has now passed a new Water Bill, which among other issues covered its flood insurance scheme Flood Re. It appears from the outset DEFRA had worked with the Association of British Insurers (ABI) to define how this cover would work.