AA warns homes may become uninsurable against flood risk
AA Insurance has called on the government to take “decisive action” before homes in flood-prone areas of the UK become uninsurable.
The Public Accounts Committee report on “Flood risk management in England” warned that there was uncertainty over the future affordability and availability of insurance for homes in areas at risk of flooding.
The report also highlighted the need for a replacement for the current agreement between the government and insurers, which will come to an end in 2013.
Simon Douglas, director of AA Insurance, commented: “Some insurers are telling us that flood-prone homeowners might not be able to renew
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