How does Flood Re work?

Every insurer that offers home insurance in the UK must pay into the Flood Re Scheme. This Levy raises £180m every year, which we use to cover the flood risks in home insurance policies.

Flood Re works with insurers behind the scenes. When you buy home insurance cover, your insurer can choose to pass on the flood risk element of your policy to us for a fixed price.

If you make a valid claim for flooding, then your insurer will pay the claim. Later on, we’ll reimburse that insurer from the Flood Re fund.

In short, you buy home insurance in the usual way. We handle the flood risk, and that helps to keep your premiums down.

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