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Take steps to minimise flood damage, insurer urges

November 10, 2007 by admin  
Filed under News, News-Insurance

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Flooding is becoming a greater and greater risk in many parts of the country.

This summer, parts of Yorkshire, Lincolnshire and Gloucestershire were swamped by flood waters for days, causing millions of pounds worth of damage and even claiming lives.

The cost to the insurance industry was around £3 billion, and while many insurers have voiced their reluctance to continue to insure some properties while government spending on flood defences is at its current levels, industry body the Association of British Insurers (ABI) is reviewing the principles of practice in the area.

In the meantime, Cornhill Direct has suggested a number of measures homeowners can take to minimise the damage flooding causes if and when it strikes again.

Homeowners should prepare a “flood pack”, including a torch, first aid kit, blankets, warm clothes and fresh water, and move property from lower floors upstairs where possible.

Cornhill also recommends keeping your insurance documents and radio dry, so that you can listen to public announcements.

Spokesperson Mark Bishop said: “The continued widespread availability of flood insurance depends on sustained government investment to bring flood defences up to an adequate standard.

“Householders should follow our advice which will help to minimise the damage of a flood and help those affected to recover as soon as possible.”

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