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UK: Flood-hit homeowners should invest in own defences, says minister

Source(s): Guardian, the (UK)
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by Flickr user dachalan, Creative Commons BY-NC-SA 2.0, http://www.flickr.com/photos/54945394@N00/870968613/
by Flickr user dachalan, Creative Commons BY-NC-SA 2.0, http://www.flickr.com/photos/54945394@N00/870968613/

Writing for the Guardian, Lisa Bachelor reports an UK government statement calling for householders at risk of flooding to take responsibility for preventing future damage to their homes despite the fact that this may not reduce the cost of their insurance or even guarantee that they can buy flood cover. Richard Benyon, the minister for natural environment and fisheries, confirmed the non renewal of the Statement of Principles, an agreement concluded between the insurance industry and the government to ensure flood-hit householders can buy flood cover for their homes, that ends in June.

Lisa Bachelor further compares flood risk coverage in other countries (France, Netherlands, Iceland, Germany and USA), giving examples of national insurances or partnerships between the state and the insurance industry.

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Document links last validated on: 16 July 2021

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Hazards Flood
Themes Private sector Insurance and risk transfer Governance
Country and region France Germany Iceland Netherlands, the United Kingdom of Great Britain and Northern Ireland United States of America
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