{"id":2284,"date":"2015-01-14T11:03:41","date_gmt":"2015-01-14T11:03:41","guid":{"rendered":"http:\/\/designbuybuild.co.uk\/?p=2284"},"modified":"2015-01-14T11:07:43","modified_gmt":"2015-01-14T11:07:43","slug":"will-flood-re-help-insure-home","status":"publish","type":"post","link":"https:\/\/designbuybuild.co.uk\/will-flood-re-help-insure-home\/","title":{"rendered":"Will Flood Re help me to insure my home?"},"content":{"rendered":"

Flood claims in the UK cost insurers over \u00a3446,000,000 in 2014. With the worst of this winter weather yet to come the insurance industry has at last woken up to the fact that many homes, especially newly constructed ones, may not be eligible for flood cover.<\/p>\n

A not-for-profit scheme called Flood Re was first mooted in 2013, but it now looks likely to come into effect in mid 2015.<\/p>\n

This will be an agreement between UK insurers and the Government. It will allow insurers to pass the flood element of some household policies into a fund that is designed to pay for future flood claims for those policy holders.<\/p>\n

The fund will be built up partially by insurers paying a \u201cpremium\u201d that is based on the qualifying\u00a0property\u2019s relevant Council Tax band. This will typically be between \u00a3210 and \u00a3540 per year.<\/p>\n

In addition all home insurance policy holders will have to pay a levy into the fund, currently estimated at \u00a310.50 per policy, per year. This apparently is not an additional amount, although one cannot see in the long run how household premiums will not rise as a result of this levy.<\/p>\n

Whilst welcome, this initiative will only apply to the less opulent sections of the population. Properties falling in England\u2019s Council tax band H (and their equivalent in Scotland, Wales and Northern Ireland) will not qualify for Flood Re protection, even though they will be contributing to the fund.<\/p>\n

Properties built after 1st January 2009 will\u00a0 also not qualify, nor will Leasehold Blocks with more than four residential units; there are additional restrictions applying to Blocks of Flats, especially if the freeholder does not live there. Commercial properties will also be excluded, although if you live in a commercial leasehold property you\u00a0may be able\u00a0to\u00a0qualify for Flood Re protection under a General Contents policy.<\/p>\n

You can find further information by visiting the Association of British Insurers\u2019 web site. (www.abi.org.uk) The material above has been extracted from their report \u201cThe future of flood insurance: what happens next?\u201d<\/p>\n

So, what can you do in the interim, or if your property is not going to qualify for this scheme protection?<\/p>\n

Most insurers continue to supply flood cover to existing policy holders, but this is by no means universal, particularly where the Environment Agency has done little or nothing to improve flood protections or where future flood claims appear inevitable.<\/p>\n

Buildings2Insure and Anthony Wakefield & Co. will be looking at ways of providing Flood insurance in future, with or without the assistance of Flood Re. Already we have assisted clients who have adopted radical methods to protect their properties against flood and in a future blog we will illustrate some of the ways that existing and new properties can be made relatively flood resistant.<\/p>\n

Visit Website: www.buildings2insure.com<\/a><\/p>\n

\"Buildings2insure\"<\/a><\/p>\n

\n","protected":false},"excerpt":{"rendered":"

Flood claims in the UK cost insurers over \u00a3446,000,000 in 2014. With the worst of this winter weather yet to come the insurance industry has at last woken up to the fact that many homes, especially newly constructed ones, may not be eligible for flood cover. A not-for-profit scheme called Flood Re was first mooted in 2013, but it now looks likely to come into effect in mid 2015. This will be an agreement between UK insurers and the Government. It will allow insurers to pass the flood element of some household policies into a fund that is designed to […]<\/p>\n","protected":false},"author":2,"featured_media":2285,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[19,4,18],"tags":[],"jetpack_publicize_connections":[],"yoast_head":"\nWill Flood Re help me to insure my home? - Design Buy Build<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/designbuybuild.co.uk\/will-flood-re-help-insure-home\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Will Flood Re help me to insure my home? - Design Buy Build\" \/>\n<meta property=\"og:description\" content=\"Flood claims in the UK cost insurers over \u00a3446,000,000 in 2014. With the worst of this winter weather yet to come the insurance industry has at last woken up to the fact that many homes, especially newly constructed ones, may not be eligible for flood cover. A not-for-profit scheme called Flood Re was first mooted in 2013, but it now looks likely to come into effect in mid 2015. This will be an agreement between UK insurers and the Government. It will allow insurers to pass the flood element of some household policies into a fund that is designed to […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/designbuybuild.co.uk\/will-flood-re-help-insure-home\/\" \/>\n<meta property=\"og:site_name\" content=\"Design Buy Build\" \/>\n<meta property=\"article:published_time\" content=\"2015-01-14T11:03:41+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2015-01-14T11:07:43+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/designbuybuild.co.uk\/wp-content\/uploads\/2015\/01\/Buildings2insure.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1913\" \/>\n\t<meta property=\"og:image:height\" content=\"969\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Lauren Holmes\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Lauren Holmes\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/designbuybuild.co.uk\/will-flood-re-help-insure-home\/\",\"url\":\"https:\/\/designbuybuild.co.uk\/will-flood-re-help-insure-home\/\",\"name\":\"Will Flood Re help me to insure my home? - Design Buy Build\",\"isPartOf\":{\"@id\":\"https:\/\/designbuybuild.co.uk\/#website\"},\"datePublished\":\"2015-01-14T11:03:41+00:00\",\"dateModified\":\"2015-01-14T11:07:43+00:00\",\"author\":{\"@id\":\"https:\/\/designbuybuild.co.uk\/#\/schema\/person\/f26399d6aca7cbbbc938bdab161422b9\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/designbuybuild.co.uk\/will-flood-re-help-insure-home\/\"]}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/designbuybuild.co.uk\/#website\",\"url\":\"https:\/\/designbuybuild.co.uk\/\",\"name\":\"Design Buy Build\",\"description\":\"The UK's Leading Building Publication\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/designbuybuild.co.uk\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/designbuybuild.co.uk\/#\/schema\/person\/f26399d6aca7cbbbc938bdab161422b9\",\"name\":\"Lauren Holmes\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/designbuybuild.co.uk\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/ce6231a9625a7f0e09633aa092b40abb?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/ce6231a9625a7f0e09633aa092b40abb?s=96&d=mm&r=g\",\"caption\":\"Lauren Holmes\"},\"url\":\"https:\/\/designbuybuild.co.uk\/author\/user\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Will Flood Re help me to insure my home? - Design Buy Build","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/designbuybuild.co.uk\/will-flood-re-help-insure-home\/","og_locale":"en_GB","og_type":"article","og_title":"Will Flood Re help me to insure my home? - Design Buy Build","og_description":"Flood claims in the UK cost insurers over \u00a3446,000,000 in 2014. With the worst of this winter weather yet to come the insurance industry has at last woken up to the fact that many homes, especially newly constructed ones, may not be eligible for flood cover. A not-for-profit scheme called Flood Re was first mooted in 2013, but it now looks likely to come into effect in mid 2015. This will be an agreement between UK insurers and the Government. It will allow insurers to pass the flood element of some household policies into a fund that is designed to […]","og_url":"https:\/\/designbuybuild.co.uk\/will-flood-re-help-insure-home\/","og_site_name":"Design Buy Build","article_published_time":"2015-01-14T11:03:41+00:00","article_modified_time":"2015-01-14T11:07:43+00:00","og_image":[{"width":1913,"height":969,"url":"https:\/\/designbuybuild.co.uk\/wp-content\/uploads\/2015\/01\/Buildings2insure.jpg","type":"image\/jpeg"}],"author":"Lauren Holmes","twitter_misc":{"Written by":"Lauren Holmes","Estimated reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/designbuybuild.co.uk\/will-flood-re-help-insure-home\/","url":"https:\/\/designbuybuild.co.uk\/will-flood-re-help-insure-home\/","name":"Will Flood Re help me to insure my home? - Design Buy Build","isPartOf":{"@id":"https:\/\/designbuybuild.co.uk\/#website"},"datePublished":"2015-01-14T11:03:41+00:00","dateModified":"2015-01-14T11:07:43+00:00","author":{"@id":"https:\/\/designbuybuild.co.uk\/#\/schema\/person\/f26399d6aca7cbbbc938bdab161422b9"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/designbuybuild.co.uk\/will-flood-re-help-insure-home\/"]}]},{"@type":"WebSite","@id":"https:\/\/designbuybuild.co.uk\/#website","url":"https:\/\/designbuybuild.co.uk\/","name":"Design Buy Build","description":"The UK's Leading Building Publication","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/designbuybuild.co.uk\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-GB"},{"@type":"Person","@id":"https:\/\/designbuybuild.co.uk\/#\/schema\/person\/f26399d6aca7cbbbc938bdab161422b9","name":"Lauren Holmes","image":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/designbuybuild.co.uk\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/ce6231a9625a7f0e09633aa092b40abb?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/ce6231a9625a7f0e09633aa092b40abb?s=96&d=mm&r=g","caption":"Lauren Holmes"},"url":"https:\/\/designbuybuild.co.uk\/author\/user\/"}]}},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/designbuybuild.co.uk\/wp-content\/uploads\/2015\/01\/Buildings2insure.jpg?fit=1913%2C969&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p4yXZJ-AQ","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":376,"url":"https:\/\/designbuybuild.co.uk\/duoguard-against-floods-from-bowater-doors\/","url_meta":{"origin":2284,"position":0},"title":"DuoGuard against floods, from Bowater Doors","author":"Josh Holmes","date":"July 25, 2013","format":false,"excerpt":"As the threat of flooding in the UK increases, industry-leading Bowater Doors has unveiled an improved design for its flood defence door. The DuoGuard range is being relaunched following enhancements to its design. Bowater Doors, a company of The VEKA UK Group, is one of the UK's leading manufacturers of\u2026","rel":"","context":"In "Latest News"","block_context":{"text":"Latest News","link":"https:\/\/designbuybuild.co.uk\/category\/latestnews\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/designbuybuild.co.uk\/wp-content\/uploads\/2013\/07\/1.jpg?fit=600%2C863&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/designbuybuild.co.uk\/wp-content\/uploads\/2013\/07\/1.jpg?fit=600%2C863&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/designbuybuild.co.uk\/wp-content\/uploads\/2013\/07\/1.jpg?fit=600%2C863&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":9917,"url":"https:\/\/designbuybuild.co.uk\/professional-indemnity-insurance-for-architects-will-be-more-expensive-as-the-pi-market-hardens\/","url_meta":{"origin":2284,"position":1},"title":"Professional Indemnity insurance for architects will be more expensive as the PI market hardens","author":"Jamie Bullock","date":"July 15, 2019","format":false,"excerpt":"For almost twenty years the UK professional indemnity insurance market has been a \u2018soft\u2019 or buyer\u2019s market, with many insurers competing to offer architects comprehensive policies at very low premiums. However, for the first time since 2001, following years of unprofitability for insurers, PI insurance premiums are increasing whilst cover\u2026","rel":"","context":"In "Latest News"","block_context":{"text":"Latest News","link":"https:\/\/designbuybuild.co.uk\/category\/latestnews\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/designbuybuild.co.uk\/wp-content\/uploads\/2019\/07\/Clear-Insurance-Management-Logo.jpg?fit=408%2C202&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":5298,"url":"https:\/\/designbuybuild.co.uk\/barking-riverside-london\/","url_meta":{"origin":2284,"position":2},"title":"Barking Riverside, London","author":"Lauren Holmes","date":"March 11, 2016","format":false,"excerpt":"Barking Riverside is one of the largest development sites in London (185 hectares) and is one the most ambitious and important new developments in the UK.\u00a0 The vision was to provide a model for sustainable living in the 21st century where best practice is used throughout. Barking Riverside has been\u2026","rel":"","context":"In "DBB316"","block_context":{"text":"DBB316","link":"https:\/\/designbuybuild.co.uk\/category\/newsletter\/dbb316\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/designbuybuild.co.uk\/wp-content\/uploads\/2016\/03\/Barking-Riverside-Infilta-1.jpg?fit=600%2C450&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/designbuybuild.co.uk\/wp-content\/uploads\/2016\/03\/Barking-Riverside-Infilta-1.jpg?fit=600%2C450&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/designbuybuild.co.uk\/wp-content\/uploads\/2016\/03\/Barking-Riverside-Infilta-1.jpg?fit=600%2C450&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":4137,"url":"https:\/\/designbuybuild.co.uk\/metal-windows-allow-light-flood-new-chelsea-basement\/","url_meta":{"origin":2284,"position":3},"title":"Metal windows allow light to flood new Chelsea basement","author":"Josh Holmes","date":"September 23, 2015","format":false,"excerpt":"A design brief that required the maximum amount of daylight to enter a four-bedroom flat within the ground floor and newly-created basement of a terraced property in Chelsea, resulted in Henri Bredenkamp, director at Studio 30 Architects, selecting bespoke steel windows and doors from Steel Window Association member Monk Metal\u2026","rel":"","context":"In "Doors & Windows"","block_context":{"text":"Doors & Windows","link":"https:\/\/designbuybuild.co.uk\/category\/latestnews\/doors-windows\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/designbuybuild.co.uk\/wp-content\/uploads\/2015\/09\/37080-2.jpg?fit=800%2C1200&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/designbuybuild.co.uk\/wp-content\/uploads\/2015\/09\/37080-2.jpg?fit=800%2C1200&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/designbuybuild.co.uk\/wp-content\/uploads\/2015\/09\/37080-2.jpg?fit=800%2C1200&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/designbuybuild.co.uk\/wp-content\/uploads\/2015\/09\/37080-2.jpg?fit=800%2C1200&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":1605,"url":"https:\/\/designbuybuild.co.uk\/kept-flood-water-concrete-nothing-else\/","url_meta":{"origin":2284,"position":4},"title":"What kept the flood water out? CONCRETE, Nothing else","author":"Lauren Holmes","date":"October 15, 2014","format":false,"excerpt":"This basement snooker room with two windows is still completely dry after a storm so severe rain was running past against the new structure inches deep for an hour just two days before this photo was taken \u00a0 Concrete is the first material used in basement construction and your basement\u2026","rel":"","context":"In "Latest News"","block_context":{"text":"Latest News","link":"https:\/\/designbuybuild.co.uk\/category\/latestnews\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/designbuybuild.co.uk\/wp-content\/uploads\/2014\/10\/USE-THIS-ONE-ON-NEWSLETTER.jpg?fit=1200%2C900&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/designbuybuild.co.uk\/wp-content\/uploads\/2014\/10\/USE-THIS-ONE-ON-NEWSLETTER.jpg?fit=1200%2C900&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/designbuybuild.co.uk\/wp-content\/uploads\/2014\/10\/USE-THIS-ONE-ON-NEWSLETTER.jpg?fit=1200%2C900&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/designbuybuild.co.uk\/wp-content\/uploads\/2014\/10\/USE-THIS-ONE-ON-NEWSLETTER.jpg?fit=1200%2C900&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/designbuybuild.co.uk\/wp-content\/uploads\/2014\/10\/USE-THIS-ONE-ON-NEWSLETTER.jpg?fit=1200%2C900&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":9446,"url":"https:\/\/designbuybuild.co.uk\/overhill-rd-se22\/","url_meta":{"origin":2284,"position":5},"title":"OVERHILL RD SE22","author":"Antony Holter","date":"February 15, 2019","format":false,"excerpt":"CLASSIC PITCHED-TO-FLAT ROOF IN DULWICH This beautiful kitchen in Dulwich was extended into the side return to gain space and to create a wraparound extension. Several skylights were created down the side return and in the roof to flood light into the home, and in addition sliding doors were fitted\u2026","rel":"","context":"In "Latest News"","block_context":{"text":"Latest News","link":"https:\/\/designbuybuild.co.uk\/category\/latestnews\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/designbuybuild.co.uk\/wp-content\/uploads\/2019\/02\/1-4.png?fit=1200%2C797&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/designbuybuild.co.uk\/wp-content\/uploads\/2019\/02\/1-4.png?fit=1200%2C797&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/designbuybuild.co.uk\/wp-content\/uploads\/2019\/02\/1-4.png?fit=1200%2C797&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/designbuybuild.co.uk\/wp-content\/uploads\/2019\/02\/1-4.png?fit=1200%2C797&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/designbuybuild.co.uk\/wp-content\/uploads\/2019\/02\/1-4.png?fit=1200%2C797&ssl=1&resize=1050%2C600 3x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/designbuybuild.co.uk\/wp-json\/wp\/v2\/posts\/2284"}],"collection":[{"href":"https:\/\/designbuybuild.co.uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/designbuybuild.co.uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/designbuybuild.co.uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/designbuybuild.co.uk\/wp-json\/wp\/v2\/comments?post=2284"}],"version-history":[{"count":2,"href":"https:\/\/designbuybuild.co.uk\/wp-json\/wp\/v2\/posts\/2284\/revisions"}],"predecessor-version":[{"id":2287,"href":"https:\/\/designbuybuild.co.uk\/wp-json\/wp\/v2\/posts\/2284\/revisions\/2287"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/designbuybuild.co.uk\/wp-json\/wp\/v2\/media\/2285"}],"wp:attachment":[{"href":"https:\/\/designbuybuild.co.uk\/wp-json\/wp\/v2\/media?parent=2284"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/designbuybuild.co.uk\/wp-json\/wp\/v2\/categories?post=2284"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/designbuybuild.co.uk\/wp-json\/wp\/v2\/tags?post=2284"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}