Average Flood Insurance Cost Uk at Car Insurance

Average Flood Insurance Cost Uk. 2012 was the second wettest year on record in the uk, thus making it a busy time for flood insurance claims. For accessibility, view the raw data.

Abi: Uk Floods To Cost Insurers £1.3Bn | Latest News | Insurance Times
Abi: Uk Floods To Cost Insurers £1.3Bn | Latest News | Insurance Times from www.insurancetimes.co.uk

If your home is in an area that has experienced flooding in the past, the more your flood insurance is likely to cost. The average cost of flood insurance is $958 a year, according to our study. The average number of tickets is 15.

Abi: Uk Floods To Cost Insurers £1.3Bn | Latest News | Insurance Times

How much flood insurance should cost. That’s because premiums are primarily based on risk, and insurance companies charge higher premiums to compensate for risk. Insurers expect to make payments to customers hit by the recent storms ciara and dennis of over £360 million according to initial estimates out today from the association of british insurers (abi). That £360 million insurance cost of storms ciara and dennis worked out to an average of about £32,000 per household claim.