Property News · April 4, 2016

Flood Re scheme brings affordable insurance to homes in high-risk areas


New scheme expected to make insurance cover more affordable for owners of 350,000 UK homes at high risk of floodingA controversial new scheme designed to let home insurers offer affordable cover to the 350,000 UK homes at high risk of flooding is to be launched. Flood Re, which claims to be a world first, received the final go ahead from financial regulators last week, and on Monday will start accepting the first premiums and offering cover to householders. Continue reading…

Source : theguardian.com
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