Scheme helps residents in the Ribble Valley devastated by floods access more affordable home insurance

The campaign seeks to highlight that – thanks to the Scheme – those living in areas at risk of flooding can continue to access affordable home insurance, even if their property has been flooded previously.

Flood Re is encouraging residents living in and nearby the Ribble Valley to shop around for their home insurance policies to ensure they are getting the right cover for their homes for the best price. Householders should use price comparison sites, contact insurers directly or speak to a broker to secure the best home insurance deal for them.

Since Flood Re was launched in 2016, the availability and affordability of home insurance for householders at risk of flooding has improved significantly. Independent research has shown that 99% of householders whose property has flooded previously are able to receive quotes from five or more insurers – compared to 0% before the introduction of the Scheme – and four out of five householders with previous flood claims have been able to find quotes that are more than 50% cheaper.

Dermot Kehoe, director of communications and transition of Flood Re, commented: “Many living across the Ribble Valley have recently experienced first-hand the devastation that flooding can cause. I want to reassure all householders in the Ribble Valley that they can access affordable home insurance thanks to the Flood Re Scheme, and urge all householders to shop around to ensure they are getting the right home insurance deal for them.”

To learn more or to find out if your home qualifies for Flood Re, log onto www.floodre.co.ukA message from the Editor:

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