Household Flood Insurance - Flood Re

Flooding has always been a vital issue to the residents of Calder Valley. That is why it has been, and remains to be, one of my top priorities for the area to ensure flood prevention and defences are in place and properly funded. The real danger of flooding in the valley is a constant issue for some residents who need ongoing support to alleviate the concern of flooding, especially when it comes to insurance. I am therefore delighted with the support offered by Flood Re, a joint initiative between the Government and insurers. Its aim is to make the flood cover part of household insurance policies more affordable.

Flood Re was launched in April 2016 to increase the availability and affordability of household insurance for eligible homes. They are delivering on this objective as more than 250,000 homes have benefited since the Scheme launched three years ago.

Furthermore, 4 out of 5 households with previous claims have seen a price reduction of more than 50%, and 93% of people with prior flood claims can now receive a quote from five or more insurers. Specifically, in Calder Valley, there are currently 1034 constituents who have home insurance policies ceded to the Flood Re Scheme.

However, I recognise that whilst insurance against flooding provides crucial peace of mind against economic loss, it is far better to try to prevent these incidences in the first place. That is why in November 2019, in conjunction with the National Flood Forum, Flood Re also launched a new Flood Risk Charter with a list of recommendations to ensure that communities feel safe from the rising risk of flooding including: more funding to improve flood defences, better coordination between flooding community groups and Government agencies, and for national policies to help address the mental and physical wellbeing of those impacted by flooding.

I will continue to work closely with Flood Re to ensure that as many residents affected by flooding are supported in the best way they can be. 

If you would like any further information about Flood Re, visit