After discussions with the Department of Environment, Food and Rural Affairs, the British Insurance Brokers’ Association has announced a flood cover scheme for commercial premises and let properties at risk of flooding. Many small and medium businesses in flood risk areas have had difficulty in obtaining cover and this scheme may help to provide a solution. You can read more about this on the link below:
https://www.biba.org.uk/press-releases/new-insurance-scheme-biba-businesses-risk-flood/?cid=0
For residents in flood risk areas who have difficulty in obtaining affordable cover. Flood Re may be helpful. Launched earlier this year, the Flood Re scheme is the result of the Government working closely with the insurance industry to make affordable flood insurance available to households across the UK. You can learn more about this on the link below:
http://www.floodre.co.uk/homeowner/