Representing the UK’s insurance and long-term savings industry | Contact us

Flooding

- read a text version of this video on Opinionated - ABI Blogs.

Flooding has become a major issue for some homeowners and tenants looking for buildings and contents insurance. The UK experienced some of its wettest weather in a century in 2012. Widespread flooding affected more than 8,000 properties, causing £400 million worth of damage.

If you live in a flood-prone area you may find it difficult to access home insurance. If you're having problems finding cover, try contacting insurance companies directly or through a broker via the British Insurance Brokers’ Association

See the ABI's tips on accessing flood insurance for more information.

Insurers are currently obliged to offer insurance to their existing customers who have previously been flooded or are at risk of flooding under an agreement – called the Statement of Principles – currently in place between the ABI and the Government.

Accurately assessing your flood risk may help you when approaching insurers for cover.

If you live in a flood-prone area the ABI’s tips on preparing for a flood will help you to minimise the damage to your home and its contents. 

If you’ve already experienced flooding see the ABI's advice on recovering from a flood and making an insurance claim.

Flood Re

Flood Re is a not-for-profit scheme built to ensure flood insurance remains widely affordable and available.

The ABI and the Government have agreed a Memorandum of Understanding (MoU) on how to develop the model of Flood Re.

The MoU is a first step towards establishing Flood Re, and confirms it as the Government’s preferred option when the existing Statement of Principles agreement expires.

For more information, see our Government and insurance industry flood agreement section.

Latest news

ABI responds to Public Accounts Committee strategic flood risk management report
The Public Accounts Committee has today published its strategic flood risk management report.
25/03/2015
Leading campaigners call for flood defence spending ahead of Budget 2015
Ahead of the Budget 2015 this Wednesday, the Flood Free Homes campaign is urging the Chancellor and future Governments to think further a...
16/03/2015
Flood Re announces Capita as its Managing Agent
Flood Re today is pleased to announce the appointment of Capita as its Managing Agent following a detailed and rigorous public procuremen...
12/02/2015
Announcement of the Flood Re Chairman
Flood Re today announces the appointment of Mark Hoban, former Financial Secretary to the Treasury, as its first Chairman.
05/02/2015
Flood Free Homes campaign update: One week on from launch, 20 MPs sign up representing 1.4 million constituents
Only one week after its launch, 20 MPs representing 1.4 million constituents have already signed up in support of the ABI’s Flood Free Ho...
28/01/2015
Launch of the campaign for Flood Free Homes
The campaign for Flood Free Homes has today been launched by the Association of British Insurers, supported by Friends of the Earth, Know...
20/01/2015