Flood insurance: MPs response

People in areas of high flood risk are being hit now with higher insurance premiums and excesses because incompetent Ministers have failed over the last three years to get a deal with the insurance industry. The process announced today is fraught with difficulties and may not be completed by the time of the next election. The Government’s proposals raise serious questions about how much all householders will pay into the Flood Re scheme, the affordability of flood insurance and who picks up the bill in the event of a catastrophic flood.