FLOOD INSURANCE

" We aim to insure properties that have suffered flood/water damage where there is evidence that remedial work (carried out by the Householder, Local Authority, River Authority or Environment Agency) has substantially reduced the risk".

There are, approximately, 5 million people, living in 2 million properties (England and Wales) that are deemed to be in flood risk areas.

If you have been flooded....or if you  just happen to reside in a so-called "high risk flood area"....then you might find Insuring your house (to include the flood risk) very difficult indeed.

History suggests that reports of flooding are now, on average, nearly twice as frequent as they were one hundred years ago.

Insurance companies, as they do with subsidence impaired properties, will begin underwriting by the postcodes. This could mean bad news for sellers. If a buyer can't obtain full perils Household Insurance (i.e. to include the peril of flood) then he or she will find it very difficult to obtain a mortgage (because lenders normally require full terms Household Insurance before advancing monies).

The same problems in obtaining full perils insurance will apply when a house has been flooded.....and this fact is declared on the Proposal Form. Claims history is very important to an Insurance company when considering underwriting a risk. Flooding can blight whole areas. To offset this we will attempt to underwrite as many properties as possible on an individual case-by-case basis.

Our methodology is simple....we will inspect every risk - and if we believe that the Local Authority, Government, Environment Agency or River Authority....or even the Householders themselves - have carried out sufficient "defensive" work to reduce the impact of flooding we will insure the property.

TO SEND US A "FLOOD INSURANCE" QUESTIONNAIRE Download the next page >  & either email it or Fax it to us  telephone  0845 300 6127 fax 01424 217107 email

Our surveys costs £175...but if we cannot offer full Insurance (including flood cover) then we will refund this fee less an administration charge of £50.

Our initial questionnaire asks prospective Insured's what work has been instigated to lessen the flood risk. If we do not believe there is a good chance of obtaining full cover then we will not survey... and we will not charge the client a penny.

Our inspectors will carry out visual inspection of the property and the surrounding areas...as well as in-house studies of flood patterns etc. etc.

Terms and conditions will vary according to each risk....most cases will carry a £2,500 flood excess.

		Chris Jordan Head of Insurance
		Robert Hooker Head of Surveying
	Nichola Smith	General Manager
	Gill Saunders	Asst. Gen. Manger