With the UK Government cutting the spending on flood defences, it leaves many insurance companies with no option but to refuse some applcations from home owners that live in high flood risk areas.
The very popular, and competitive price comparison insurance sites like confused.com, compare the market.com and moneysupermarket.com are used to find the lowest premiums for home insurance, and for an insurance company to stand a chance of being price competitive it needs to cut our all underwriting that would put it at risk of having to pay out on a claim.
So it would come as no surprise that anyone trying to get flood damage insurance from a price comparison website might have no luck at all, remebering that “all material facts must be disclosed”. So not teling them that you’ve been flooded once already could leave you with a refusal to pay out on a claim.
Flood damage insurance cover is a spacialist area, and requires the services of a broker experienced in dealing with this type of insurance.
If you live in Isle of Wight, Emsworth, Boston, Lincolnshire, Windsor, Maidenhead, Enfield, London, Kings Lynn, Norfolk, Spelthorne, Surrey, Runnymede, Warrington, Cheshire, Gloucester, Gloucestershire, Cheltenham, Newport, Leicester, Birmingham, Reading, Elmbridge, Merton or any of the flood risk areas it would be worth getting a flood insurance quote.
Flood Insurance – Flooded Property Insurance – Flood Damage Insurance – Home Insurance for Flooded Properties – Flooded Property Insurance Company