WHAT YOU NEED TO KNOW ABOUT FLOOD COVER...

Can I still get cover if I live in a flood zone? FLOOD insurance is widely available to homeowners. Check policy details, and do not simply buy the cheapest one. You can see if you live in a flood zone at www.gov.uk/check-flood-risk. How might an insurer try to catch me out? THE Financial Ombudsman says disputes often arise over whether a flood is the cause of the damage, as most policies don’t define what a flood is.

Other common areas of dispute include insurers offering compensation that does not cover a total repair bill, or offering an unsatisfactory replacement item, and homeowners not giving an accurate valuation of home contents. What should I do if I am flooded? DO NOT throw away damaged property, keep receipts for any emergency repairs, and do not rush to redecorate, as drying out can take many months.

Ask your insurer about any flood prevention measures that can be taken. This can also speed up the time it takes to repair after a flood. Will my premium jump if I claim for flood damage? COSTINGS include multiple factors — not just flooding. The Flood Re joint initiative between the Government and insurers is designed to keep premiums affordable.

Those eligible also see their policy excesses — the amount they have to pay towards a claim — capped at £250. Previously, some people had to pay several thousands for repairs. What can I do to lower the cost of my premium? HOMEOWNERS in areas at risk of flooding should shop around and contact brokers directly, using price comparison sites as an aide. Homeowners can invest in flood defences, and businesses can reduce potential damage by putting stock high up and using tiles on the floor.

YesterdaY, the Government announced flooded homes and businesses will be able to receive up to £5,000 for flood defences.