Commercial flood victims missing out on £300m rate relief

Insurance Age staff
12 Oct 2007

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Johnson FM’s managing director, Kevin Elliott, said that the 15,000 or so commercial flood victims could claim back their rates via local authorities, citing ‘hardship’ – which, while not specifically defined in law, includes properties affected by floods where stock was not removed.

The Company operates on a ‘no win, no fee’ basis and has already secured rebates for 50 flood-damaged properties. With settlements averaging £20,000 per claim, Mr Elliott said he was keen for the insurance

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