Flood insurance bills soar to £4.5bn, according to ABI
The cost of flood damage since 2000 has leapt by 200% on the previous decade according to figures released by the Association of British Insurers.
The trade body is calling on the government to ensure that spending on flood defences is targeted to the most flood vulnerable communities with more people set to be at significant risk of flooding.
It noted that one in six homes in England is currently at risk of flooding. Nearly 500,000 people face a significant flood risk, and it has been estimated that this could rise to 840,000 by 2035 without adequate investment in flood defences.
At its flood conference "Fighting Flood Risk Together" the
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