Thousands of homeowners and residents used to struggle to get buildings and contents insurance which created anxiety, stress and frustration. The National Flood Forum worked with government and the insurance industry for several years to come up with a solution to this problem Flood Re has been the game changer that enables more people to take out affordable insurance to protect their homes and provide peace of mind. Introduced in April 2016, more than 200,000 households are benefiting from this new scheme, which is a collaboration between the insurance industry and the government.
For years, the National Flood Forum has been championing the cause of thousands of people who are frustrated by not being able to get insurance, or at least not at an affordable price. Flood Re is a positive step towards making the industry more competitive so that customers can shop around to get the best deal at the right premium for their needs.