Debate contribution: Flooding: Financial Support for Householders
Debate contribution by Mr Gordon Lyons on .
- MLA
- Mr Gordon Lyons
- Party at the time
- Democratic Unionist Party
- Date
- 20 February 2024
- Type
- Debate contribution
- Business
- Oral Answers to Questions
- Heading
- Flooding: Financial Support for Householders
- Assembly identifier
- Official Report component 4380873
Read the official Assembly record
Text
I recognise that that is an issue of concern, especially for people whose homes have flooded in the past, and the difficulty that there can be in securing flood insurance. To that end, Flood Re is a joint initiative between the UK Government and insurers, which will run until 2039. That programme exists to improve, as the Member said, the availability and affordability of flood insurance for people who live in properties in flood risk areas. Every insurer that offers home insurance in the UK pays a levy. That money is used to fund the flood element of the policy and help to keep premiums down. The Member, or, indeed, any constituent, will be able to check online for eligibility, and I encourage those who are affected in that way to do just that.
134 words. Text as published by the Northern Ireland Assembly.
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