How the UK is keeping flood insurance affordable – until 2039
- Written by Meilan Yan, Senior Lecturer in Financial Economics, Loughborough University
Chris Homer/ShutterstockWhile floods are becoming more frequent in recent years, you should still be able to buy reasonably priced home insurance. That reassurance exists largely because of Flood Re. Launched in 2016, Flood Re is a national public–private reinsurance scheme that prevents many properties from being priced out of cover.
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