Daily Insurance Industry News
 
 
Daily Insurance Industry News
Tuesday 25th of September 2018
August 8, 2008

JML Insurance and Delite tackle flood insurance

by Richard Kilner

Story link: JML Insurance and Delite tackle flood insurance

Ever since the terrible flooding of last summer and the lesser floods at the turn of the year, flood defences and insurance coverage for flooding have been uppermost in the public consciousness.

An agreement was reached between the Association of British Insurers (ABI) and the Government to the effect that flood insurance should remain widespread, an agreement welcomed by the British Insurance Brokers’ Association (BIBA).

However, BIBA believes that despite the agreement there are some homes that will not be able to acquire flood insurance, and as such will require expert advice from a broker.

Homes which may not be covered include those with a 1.3% chance of flooding (or 1 in 75) and are not due to have flood defences bolstered in the next five years.

Insurance broker Delite Insurance, working alongside jml-insurance.co.uk, are able to offer insurance advice to those currently facing difficulties due to flood risk.

Delite’s Neil Cook has explained that the firm can offer reasonably priced insurance, even if the homeowner’s home insurer has withdrawn flood coverage.

 

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