Flood Insurance – why you need to use a specialist insurance provider

Flooding can cause untold devastation to your property and the contents contained within. Unfortunately flooding has been on the rise in the UK for the last few years and doesn’t look to slow down anytime soon. Because of this, a lot of people are now finding it difficult to get flood insurance at an affordable price. Whilst flood damage has been traditionally included as part of home insurance, more recently insurance companies have refused to cover homes in high risk areas as a lot of high claims have been made. What makes flood insurance so risky for an insurer is that the damage that can occur can result in some very costly claims. This is especially true when the insurance covers the contents of the house as well as structural damage.

Luckily there are ways to get flood insurance at a reasonable price. Flooding is something that cannot be prevented but it can be prepared for. In this article I’ll look at why you should consider using and insurance broker to obtain your flood insurance (the site floodinsurances.co.uk can do all of the hard work for you. I’ll also give some tips on how you can minimize the damage and stress that occurs when flooding happens.

Benefits of using an insurance broker

Because flood insurance can be such a risky proposition for insurance companies, it can be frustrating trying to deal with them directly to obtain a quote that you can afford. For this reason it is highly recommended that you use an insurance broker. An insurance broker will negotiate with several independent insurance companies to get you the best price possible. They will assess your business or home and take the risk factors into account when negotiating a price. Brokers are known offering extremely competitive prices and offer the following key benefits –

  • Properties in flood-risk areas are fully covered
  • Immediate telephone assistance
  • Claims hotline with counselling support if needed
  • Flexible payment options
  • Protection for properties that are listed

Using an insurance broker gives you a level of leverage that you wouldn’t otherwise have. This is especially important now as a lot of companies are very wary of insuring properties that are situated in high flood-risk areas. A broker will be able to expertly assess all the factors and use these to get you the best deal possible.

Preparing for a flood

As well as being able to get a great deal on your flood insurance, a broker will also offer you some great advice on how best to protect your home and minimize the damage in the event of a flood. Some of the top tips an insurance broker would give are –

  • Ensure all windows and doors are locked
  • Move any valuable items upstairs
  • Know where the power supply to turn the home’s gas and electricity off is located
  • Place sandbags around the perimeter of the house
  • Have emergency numbers to hand

If you follow this advice then you can minimize the damage and stress that will inevitably occur when a flood strikes. Thinking of your home being flooded is something that nobody wants to contemplate but it is better to be prepared for the worst in the long run. Whilst a flood is an incredibly stressful thing to deal with, if you’re well covered then at least you know you will not have to bear the financial brunt of the flood afterwards.