We asked the Department why some people faced difficulties in obtaining affordable insurance after being flooded, particularly those in social housing. The Department said that Flood Re, a joint initiative between the insurance industry and the UK Government, was established to ensure affordable flood risk insurance is available, regardless of whether a property has been flooded recently.29 It was established by the Water Act 2014, launched in 2016, and will run until 2039. Written evidence p...

We asked the Department why some people faced difficulties in obtaining affordable insurance after being flooded, particularly those in social housing. The Department said that Flood Re, a joint initiative between the insurance industry and the UK Government, was established to ensure affordable flood risk insurance is available, regardless of whether a property has been flooded recently.29 It was established by the Water Act 2014, launched in 2016, and will run until 2039. Written evidence provided by Flood Re stated that more than 300,000 households have been backed by the Flood Re scheme since it was launched, and independent research show Type: conclusion | Number: 26 | Response status: under_consideration Government response: The government agrees with the Committee’s recommendation Recommendation implemented 7.2 The department wrote to the Committee on 7 April 2021 in response to this recommendation. 7.3 The Independent Review of Flood Insurance in Doncaster, published on 5 Nov