For many people, flooding is a fact of life. There are approximately 2 million homes at risk from coastal or inland flooding (10 % of homes in the UK),and around 200,000 homes at very high risk of flooding ,namely with a greater than 1-in-75 chance per year of flooding.
In the long term, this situation could worsen. Climate change could increase the number of properties at risk of flooding, while continued pressure for new homes could mean even more developments being situated in floodplains.
While the Government has a significant programme of flood management in place to address the needs of the UK’s at-risk areas, there will be areas where the risk of flooding remains substantial.
Individual property owners can do much to increase the resistance and resilience of their properties to flood damage, perhaps in partnership with their mortgage provider, insurer, or local authority. There are many practical steps that homeowners can take to reduce the cost of flood repairs and speed up recovery times.
Tags: flood insurance
