Since launching in April 2016 Flood Re
has helped over 145,000 households
in high flood risk
areas obtain insurance. Flood Re is a government backed
scheme designed to provide affordable insurance
for people owning or living
in properties that are at a high risk of flooding. Whilst this is fantastic
progress It is estimated that Flood Re will eventually help some 350,000
The Flood Re scheme does not cover all properties. To be eligible for the
scheme properties must meet all 8 of the following acceptance criteria:
Are there any exceptions to this?
There are however some exceptions to the types of property that can be
included which we have listed below (A-I). These properties must also meet
all of the 8 criteria to be eligible. The property types are:
If you are looking to insure one of these types of properties (A-I
inclusive) then you will also only be able to buy either insurance for the
buildings or a combined insurance policy (covering both the building and
its contents) you therefore cannot buy cover for just the contents of the
Flood Re will also cover a tenant's or individual person's contents in a
rented or leasehold property even if the buildings risk would not be
eligible (for example large blocks of flats) as long as the policy and the
property it relates to meet the 8 acceptance criteria.
What about businesses?
Flood Re sadly excludes businesses and commercial properties and there is
no equivalent scheme in place to assist the thousands of businesses located
in high flood risk areas.
If you are struggling to find insurance cover or need help understanding
what insurance is available for your home or business then call our team on