The Government is at an "advanced stage" in its negotiations with the Association of British Insurers (ABI) regarding the future of flood insurance, a minister has insisted after Labour claimed the talks were in "absolute disarray".
Defra minister Richard Benyon told MPs meetings were taking place on an "almost seemingly daily basis" and the Coalition was determined to achieve a settlement that ensured affordable insurance bills for those at flood risk, but did not place unsustainable costs on wider policy holders and the taxpayer.
This news will be welcomed by all those who have been affected by flooding and whose properties are situated on flood plains. With the recent snow looking set to thaw quite quickly in coming days, there is a further risk of flooding in many areas.
If you have any concerns at all regarding your property being at risk of flooding, or you have already encountered problems obtaining insurance for your property, contact us at Westhill Insurance Services. We have a great deal of experience in dealing with all types of properties and businesses at risk of flood damage: our friendly and professional team will offer sensible advice and guidance as to the best way to deal with this worrying situation and will make sure you have the best possible advice.
Contact Westhill Insurance Services, today.