Oral Answers to Questions Debate
Full Debate: Read Full DebateJessica Morden
Main Page: Jessica Morden (Labour - Newport East)Department Debates - View all Jessica Morden's debates with the Department for Environment, Food and Rural Affairs
(11 years, 9 months ago)
Commons Chamber10. What steps he is taking on flood insurance.
Home owners in flood-risk communities are becoming increasingly anxious about this Government’s failure to get a deal on flood insurance. Two hundred thousand properties in flood-risk areas face the prospect of either higher premiums or not getting insured at all. Extending the talks is fine, but when are we going to see a deal on this issue?
The current arrangements are not guaranteed to hold premiums down. We are seeking an arrangement that will last well into the future, will deliver affordability and comprehensiveness, and will not impose a huge burden on the taxpayer. The hon. Lady may wish to pop into the Library, or, if she comes to see me later, I will give her a copy of the letter from the ABI. She will see that the tone of the letter demonstrates that we are very close to an agreement, although there are still some important issues to be resolved.