With flood alerts and warnings still in place in some parts of the UK, the Association Of British Insurers (ABI) has warned that up to 250,000 residential homes and commercial properties could be left without flood insurance.
The ABI has claimed that it had already reached a crisis point in its talks with the government […]
Property Owners In Flood Risk Areas Fear Worst
With flood alerts and warnings still in place in some parts of the UK, the Association Of British Insurers (ABI) has warned that up to 250,000 residential homes and commercial properties could be left without flood insurance.
The ABI has claimed that it had already reached a crisis point in its talks with the government over replacing an agreement which would ensure that all households in area at high-risk of flooding could still secure some degree of flood insurance. However that was before last week’s heavy rain.
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