Home insurance is the most important insurance policy of all for most of us, as our homes are often our biggest assets. Therefore, making sure you have the correct cover is vitally important.
One of the key areas for some homeowners is the Flood Risk and if they can get the cover that they need on their home insurance. Many homeowners live in areas where the risk of flooding is a constant threat and the possibility of losing their home to this event is terrifying.
A lot of insurers previously had to exclude cover for flooding if properties where seen to be in a “High Risk Area” or would charge a much higher premium, making it unaffordable.
However, in 2013 the government and insurance companies created a scheme that allows properties that are situated in high risk flood areas to have the insurance cover that they need for their own peace of mind. Not only does this scheme help to provide the cover that was previously not possible for some, but also allows insurers to offer more competitive premiums as they know they have the financial backing of Flood RE.
So the questions are:
If you are struggling to get the cover you need, the team here at Omni Davis can help give you the peace of mind you deserve, by sourcing the cover you require or by providing valuable advice.
Contact us by Telephone on 01403 785775 or via Email on info@omnidavis.co.uk. We’d be delighted to hear from you.
