Flood
Re will have been in place for a year this April, guaranteeing affordable insurance
for all households that are at risk of flooding. Last November’s half per cent rise
in insurance premium tax was implemented to raise money to spend on flood
defences.
But
is enough being done to stop homes flooding?
The ABI has once again criticised planning chiefs for approving the
building of thousands of houses on land which is at risk of flooding. The
Environment Agency also objected to the building projects and had provided
flood risk advice which was overruled or partially overruled.