Homeowners urged to take flood defence action
by Gill Montia
Story link: Homeowners urged to take flood defence action
Landmark Information Group, which specialises in property and environmental risk intelligence, is advising homeowners to become proactive in protecting their properties form flooding.
According to the group, 55,000 homes and businesses were flooded in summer 2007 and two-thirds of residents hit by last year’s events believe they are likely to see further flooding on the same scale in their area.
Landmark is warning homeowners that their property insurance may not always provide sufficient cover because some policies carry large excesses and clauses that restrict payouts.
Landmark’s managing director of Legal & Financial, James Sherwood-Rogers, is concerned that while properties are technically insured they are not always effectively covered.
He believes that the Met Office’s 10-year climate forecast warning of more flooding, together with the construction of new homes on flood plains will increasingly place responsibility for flood damage with the homeowner.
In future, some home owners may not be able to obtain cover and other may not be able to afford it.
For example, Hull residents living close to the river have seen their premiums double over the past year.
Further details of flood risk in England and Wales can be found in Landmark’s Homecheck Professional Flood Report.