Flooding: Defence

Lord Brooke of Alverthorpe Excerpts

Tuesday 29th March 2011 Lords Chamber

[Lord Henley]

My Lords we are making some very small reductions to the annual expenditure on flood protection but I am satisfied that those reductions are very small and necessary in dealing with the deficit. We will continue to spend whatever money is appropriate. However much money was available, we would never be able to satisfy all the demands for all the schemes that are on offer.

[Lord Brooke of Alverthorpe]

What advice will the Government give to those who are having difficulties getting home insurance in the light of the deferment?

[Lord Henley]

My Lords, obviously insurance is a very difficult matter and we are discussing it with the Association of British Insurers. However, the Government should be wary of trying to interfere in the market because there are those who take a sensible attitude and insure themselves. There is no point in the Government offering guarantees to those who do not insure themselves. We will discuss these matters with the ABI and others as appropriate, but I do not think we should start interfering in the market itself.