Oral Answers to Questions Debate
Full Debate: Read Full DebateRehman Chishti
Main Page: Rehman Chishti (Conservative - Gillingham and Rainham)Department Debates - View all Rehman Chishti's debates with the Department for Environment, Food and Rural Affairs
(10 years, 8 months ago)
Commons Chamber10. What estimate his Department has made of the number of properties protected from flooding during the recent floods. [R]
11. What estimate his Department has made of the number of properties protected from flooding during the recent floods.
We estimate that to date a total of more than 1.3 million properties have been protected from flooding during the flood events since the beginning of last December.
Until the implementation of Flood Re, which is planned for summer 2015, the insurance industry has voluntarily agreed to abide by its commitments under the 2008 statement of principles, which means that insurers will not decline to cover those who already hold flood insurance with them. In practice, that means that people who are already covered by an insurer will be able to continue to access flood insurance from that insurer until Flood Re comes in.
What progress are the Government making to meet their target of better protecting 145,000 homes by 2015? Experts predict that household insurance premiums might rise by about 5% after the floods, so what is being done to address that?
The crucial measure that we are taking forward is the implementation of Flood Re and the Water Bill, which is being debated in another place. On the first part of my hon. Friend’s question, we have investment plans to improve protection for at least 465,000 households by the end of the decade.