Flood Insurance

If you’re struggling to get flood insurance or affordable premiums, there are several providers to visit for more information. As a starting point, please see the information below to point you in the right direction.

Domestic Properties

With climate change, flood risk is increasing. Many properties that have never flooded are now at risk from coastal, river and surface water flooding. This increased risk has resulted in either expensive premiums or homeowners being unable to get insurance that covers flood risk.

The FloodRE scheme is a joint initiative between the Government and insurers to make the flood cover part of household insurance more affordable.

There are also plans by FloodRE to help households ‘build back better’ post flood. It is critical in these circumstances that households take steps to make their properties more flood resilient.

Commercial Properties

Flooding not only causes damage to buildings, stock, and equipment, but it’s also the huge impact of not being able to trade that is so harmful. This unfortunately results in many SMEs not re-opening.

The FloodRE scheme is not available to commercial premises, so it’s critical that businesses at risk of flooding take proactive steps to secure affordable flood insurance and improve their flood resilience.

There are a number of insurance companies who specialise in Commercial Flood Insurance. They utilise innovative solutions to enable companies at risk to get the protection they need. We work in harmony with these solutions to help businesses secure affordable premiums, be more flood resilient, and resume trading as quickly as possible post flood.

FloodFlash – Parametric Insurance

Taking steps to improve your property’s flood resilience can not only reduce downtime post flood, it can also make flood insurance far more affordable.

FloodFlash is an innovative insurance product that could save a significant amount of money. In conjunction with flood resilient measures, this will help you proactively manage your flood risk and protect your business.

SPEAK TO OUR CUSTOMER CARE TEAM TODAY TO ARRANGE YOUR SURVEY ON 01905 676467 OR EMAIL INFO@M3FLOODTEC.COM

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