Latest Insurance News
Property insurance holders to get extra funding for flood protection
11 Mar 2010
Posted by Jonathan Walker
Property insurance policyholders in areas at risk of flooding will be able to get extra protection for their homes thanks to new funding announced today (March 10th).
Defra has launched the second round of a £5.5 million grant scheme to help property insurance policyholders improve their defences against flooding.
In this latest phase, £2.6 million will be allocated to 34 schemes in high-risk areas, which will enable 532 households to benefit from protection solutions like air brick covers, storm porches, door guards and flood boards.
Robert Runcie, Environment Agency director of flood and coastal risk management, welcomed the announcement.
"We urge all individuals and businesses at risk of flooding to make their property more resistant by fitting products such as flood gates, in addition to signing up to our free flood warning service," he said.
The Environment Agency recently announced plans to extend its flood warning systems, doubling the number of homes and businesses that receive the free alerts.
