Posted by AP Insurance on Nov 29, 2012 in Business Insurance, Consumer Insurance, Home Insurance | Comments Off
It is estimated that the cost of flood damage in 2012 will be £1bn. “So what” you may ask, “That’s what insurance is for”.
Yes it is, but insurance is all about protecting against unforeseen events, not things that are likely to happen. Insurers now have more and more data about the likelihood of flooding across the country and for some areas, it doesn’t...