Landmark respond to flood insurance cover deal with government
James Sherwood-Rogers, managing director of Landmark Legal & Financial, commented: “As flooding continues to hit the headlines, Friday’s news that insurers will offer cover for homes at moderate risk and to existing customers at significant risk from flooding, is very welcome. It is encouraging to see that the Government and the Association of British Insurers have reached this agreement and that the financial impact of last year’s widespread flooding on its victims across the UK has begun to be recognised.
“In particular I am pleased to see that the agreement encourages property owners to take sensible precautions in areas where risk of flood maybe significant. However, it is also important that householders understand that insurance may not always provide enough cover and it’s essential that homebuyers are aware of the potential risk their properties are at from flooding. It is important that householders take responsibility to make sure sufficient preparations are made to minimise damage and
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