FD2688/2689 - Affordability and availability of flood insurance

Theme:Policy, Strategy & Investment
Project status:Completed
Start date:01/11/2014
End date:01/03/2015


This study was commissioned to provide up-to-date baseline information about the availability and affordability of insurance for householders and small businesses in England between high flood risk areas and low flood risk areas. 
Two separate reports have been published: one on households and one on small and medium sized enterprises.      

In both studies there were two strands of research consisting of a survey and telephone interviews.

Key findings:  
- The research found that 85% of householders had taken out house insurance with no differences observed between the “at risk” and control areas.

- Uptake of insurance in SMEs is high, with 95% of businesses having commercial insurance cover and only 2.5% reporting any difficulties in accessing insurance.  There were no differences between at risk and control areas.