Floods: Home Insurance
2026-07-01 · Department for Environment, Food and Rural Affairs · 15505 · Official question
Question
To ask the Secretary of State for Environment, Food and Rural Affairs, what estimate he has made of the number of households that will experience a reduction in insurance premiums under the revised Flood Re premium model.
Answer
On 1 July 2026 this Government announced reforms to ensure Flood Re remains fair, sustainable and focused on supporting the lower and average-income households who need it most. Without reform, rising claims and reinsurance costs would place increasing pr...