AA welcomes flood risk agreement

Insurance Age staff
11 Jul 2008

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The agreement will enable insurers to offer cover to new customers at moderate risk of flooding, and will not remove cover from those at significant risk where the risk is managed – however, the deal depends on the government continuing to deliver a long-term investment strategy in flood defences and ensure that the planning system will prevent inappropriate development flood-prone areas.

Simon Douglas, director of AA Insurance which has nearly 1m home insurance customers says: “The

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