I Live in a High Flood Risk Area, Can I Still Get Home Insurance?

In recent years there has been a lot written about flooding, and in certain areas flooding has become an increasing problem. Some areas, which have never been flooded previous have experienced flooding over the latter few years. In 2007 Sheffield was one of those places in England which was caught out by the floods, and seen as Sheffield is considered very hilly, it was a surprise to most people. The shear amount of rain that was experienced caught everyone out. The Environment Agency reckon that in excess of 5 million people in Wales and England live in homes that are at risk from flooding by sea or rivers. If you are one of these people who have suffered from flooding in the past then you will understand that some home insurance companies just wont insure people who live in flood risk areas.

If your property has previously been devastated by flooding, then it will prove harder to find an insurance company who is willing to insure you, as your home will be considered a high risk.

There are however, companies who will consider insuring you if you are in a flood risk area, some often offer unusual forms of home insurance, and will also offer insurance to people who have a poor claims history or people who have criminal convictions:

Some insurance companies online will offer home insurance, which covers the following:

•   Insurance cover for if you have a history of subsidence at your property or within the area you live.
•   Insurance cover for if you have suffered from previous flood damage or if you live in an area, which is prone to flooding.
•   Home insurance for property’s, which are unoccupied for long periods of time.
•   Home insurance cover for people in shared houses.
•   Home insurance for people who have had previous criminal convictions.

Getting to know which companies offer these products couldn’t be easier, you can achieve this by putting a search into the internet. Alternatively you can visit one of the many companies who have reviewed insurance companies, and their products on your behalf such as www.insurance64.co.uk, where you can find a comprehensive list of insurance companies and related products.