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Category: Flood Insurance
Government proposes future resilience measures for Flood Re
Following a UK government announcement on the 1st February 2021, Flood Re has welcomed plans to consider proposals made to provide further support for flood resilience measures, including changes to the reinsurer’s own operations. A consultation was launched shortly after in response to widespread flooding caused from Storms Bella and Christoph. The proposed changes, first […]Read more
Home insurance with flooding
Here at GSI Insurance, one of the common questions we’re asked is what can be done for home insurance with flooding? We’d like to summarise the position here. Why things have changed with flood insurance If you were to look back 40 or 50 years, you may find that home insurance with flooding was included […]Read more
Flood insurance and Flood RE
At GSI Insurance, we’re experts in finding flood insurance cover. This sometimes involves what’s called the “Flood RE” scheme, though you might also see that written sometimes as “Flood-re” or variations thereof. Here we’ll explain exactly what that means. Some history Whether you believe it to be due to human-made or purely natural cycle environmental […]Read more
Flood insurance for your home
Most people regard flood insurance as essential for their home. Let’s consider some of the issues associated with that. Floods and floods Typically, people use the single term ‘flood’ to describe two very different scenarios: flooding that has arisen for what we might call “internal” reasons. That might typically encompass things such as burst pipes, […]Read more
Violent storms and floods – welcome to a very British summer!
Reports by the BBC on the 29th of May 2017, showed us once again the unpredictable nature of our weather and the fact that violent storms and floods are every bit a part of a very British summer. The photographs used to illustrate the BBC’s coverage of the events at the end of May – […]Read more
Getting ready for winter weather
As the cold steals on and winter weather takes hold, it becomes that time of year when any homeowner’s worst nightmares might be set in train. Both represent potentially very costly damage to the entire structure of a property and typically provoke a torrent of insurance claims. The twin disasters waiting in winter’s wings are […]Read more
Protecting your home against floods
Batten down the hatches! It’s that time of year again, when British weather does its worst and threatens rains, storms and – worst of all – floods. Whether you are a homeowner or renting, now is a good time to check whether you are doing all that might be done to protect your home against […]Read more
Flooding and your home insurance
It never rains but it pours – there’s probably no more English an expression than that. The trouble is that, when it pours, the risk of flooding in your home rises exponentially. Indeed, the problem of flooding is so widespread that the National Flood Forum, estimates that a population of more than 5 million, or […]Read more
Home insurance with flooding – Can I get cover?
If you live in an area that has a past history, then getting home insurance with flooding cover may be difficult to find – from the insurer’s point of view it is a simple question of the risks of loss or damage to the building and its contents being that much higher. Unfortunately, however, there […]Read more
Trouble getting flood insurance?
According to the National Flood Forum more than five million households throughout England and Wales may be at risk of flooding. Flood insurance may be needed to get the right cover in place. The winter of 2013 and 2014 illustrated only too clearly the devastating effects for many households of flooding and other storm damage. […]Read more