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Uk Flood Alerts- The Shocking Truth

Jan 9, 2008
According to a survey done recently, about 6 and a half million homes in the United Kingdom are at risk for flooding, with about one and a half million of them lying in high risk areas. Are you one of the six and a half million? Just thinking about that should make you a little nervous. So far in the UK, the government has prepared and completed flood protection for only around 80,000 homes.

With this, if you can not get flood insurance for your home, you are in neck deep trouble. You should have already been aware, that if your house is located in a high risk area, flood insurance companies will not welcome you with wide arms and big smiles. The problem is expected to escalate if global warming continues because by 2030, the survey estimates that the 1.5 million homes at risk today could bloat to as high as 3.5 million homes. This is a staggering figure, an alarming prospect that people in the UK should be prepared for.

Due to the recent severe flooding in high risk areas in the UK, leading insurance providers have been mulling about removing flood insurance cover from their policies because they had been stung by the flood insurance claims amounting to millions of pounds. That is if the government will not make any move to increase its budget for putting up flood defenses.

It is up to the DEFRA, or Department for Environmental, Food, and Rural Affairs to develop and maintain flood defences in the United Kingdom. The immediate result of all of the severe flooding is that residents of high risk areas who are somehow able to keep their flood coverage are seeing skyrocketing premium prices.

This news is devastating for people in high risk areas, as their premiums are rising in amounts up to four hundred percent in the worst of these areas. Unfortunately you should not be surprised if your insurance provider declines to renew your policy or even sell policies in areas prone to frequent or severe flooding.

Internet reports also show that if DEFRA does not get on top of this problem, the possibility that UK 's current bill of 950 million a year for flood damage could rise to as high as 3.2 billion. The insurance claim for household flood damage in the UK is 30,000, a figure which is much higher than insurance claims for fire damage.

To help control these costs, the Association of British Insurers, or ABI, is pressuring DEFRA to make haste in upgrading and installing defences against flooding in the United Kingdom, predominantly in high risk zones.

If you think your home or the home you are planning to move on to is one of the 6.5 million homes facing the risk of flooding, or is in a high risk area, you can find out by checking the maps and visiting DEFRA's website www.environment-agency.gov.uk. This is not something you can play deaf and blind to. Your whole future could be at stake so do not delay.
About the Author
Searching for advice on flood insurance , flood insurance basics or lessening your flood insurance premium? FloodInsuranceAdvice.com is a large information resource on all aspects of flood insurance.
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