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Home Insurance: Abi Warns Against Flood Plain Development

By admin on Friday, 6th November 2009

British Insurance (ABI) The Association considers that the Government's proposal to strengthen the country's housing obvious defects. When the major rivers in southern England, through the surrounding land is prone to flooding. However, because this is the increased demand for new housing is expected in the current project was a major activity in these areas.
The association estimates that a planned three million new homes being built in the third
In the alluvial plain on the establishment of such, ABI's proposal, its members may have to remove the flood coverage, as a standard component of its policy, these programs should see the light.
In the ABI's position has given rise to criticism of Ian Wright, Housing, who believes that the current planning laws and regulations are not stringent enough to avoid the risk of new housing minister is fast becoming uninhabitable because of flooding.
Wright believes that since all the Environment Agency, local authorities must be consulted before the approval of a new development, home insurance providers have nothing to worry about.
Flood and home insurance have seen the whole question of the country's most powerful radar recently due to the recent disastrous floods, not to mention all the big fuss about global warming. In the Gloucestershire flood the city was completely cut off from maintain long-term memory of the people, news photos.
Overall, the 2007 floods cost £ 300,000. In this incredible money is inevitable, this issue will be the future home insurance agencies in the future of the policy agenda in a prominent position. For customers, in a possible flood-affected areas, which highlights the selection of the appropriate coverage of importance. The Internet is an excellent resource in this regard, it is worthwhile to conduct some research to identify the best products.
11. 4. 2008

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