Good news if you need insurance and are at risk of flooding

Flood RE provides affordable insurance to home owners at risk of flooding. Before Flood RE launched in 2016, home owners who had been flooded or who lived in high flood risk areas were often left without insurance cover.  Sometimes, insurance companies refused to insure their property or they quoted premiums that were astronomical.  Many homeowners were left without any insurance.

Since its launch,  Flood RE has helped many homeowners obtain affordable insurance to protect homes at risk of flooding.

The good news is that from January 2019, Flood RE are reducing their premiums.  Homeowners will find it more affordable to protect homes situated in flood risk areas. Premiums for building insurance will reduce by 12.5% and contents insurance by 33%.  Read more

property insurance required from exchange of contracts

Insure your new property as soon as you exchange contracts

You need to arrange property insurance as soon as you exchange contracts.  Otherwise you can become liable for the costs of repair if the property suffers from flooding between your contract exchange and completion.

This article tells the unhappy story of house buyers who had exchanged contracts on their new property. However, the property flooded before the purchase completed.  They are left with a £50,000 bill and a very unhappy situation

You can read more about this story here

A customer’s story of being flooded: Dorothy Green, Burneside

We have asked a number of our customers to share their experiences of being flooded with us.

Dorothy Green of Burneside, Cumbria talked very candidly to us about the terrible experience of being flooded during Storm Desmond.  Dorothy talks about her and her husband being unable to reach their house due to sheer quantity of water cutting off her village.  She arrived home the next day to discover that they had indeed been flooded.  She outlines the damage to their home and lastly, getting their house repaired and protected against future flooding.

It is a very personal account of what happened to her and her husband and we thank her for sharing her story.

“Our experience of being flooded” – Mrs B

Mr & Mrs B had lived in their house for 27 years and had never been flooded before.  However, that changed during Storm Desmond when the flood water entered their home.  Mrs B has shared her experience of what it is like being flooded,  including what they did as the water got closer; what it was like to wait for the water; what they did immediately after the flood to clear up and then  repair their home.  Lastly she explains why they chose to fit ‘passive’ flood protection products.

We want to say a big thank you to Mrs B for sharing her story with us.

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