FAQs
General
How are the premiums set for ceded policies to the scheme?
The Premiums charged by Flood Re to insurers vary by the Council Tax band of the property. Flood claims on the ceded policy come with a fixed excess of £250 per claim. The table below provides details of the 2023/24 inward reinsurance premiums for properties ceded to the Flood Re scheme:
| England | A | B | C | D | E | F | G | H |
| Scotland | A | B | C | D | E | F | G | H |
| Wales | A B | C | D | E | F | G | H | I |
| Northern Ireland | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 |
| Buildings Policy | 120 | 120 | 135 | 153 | 181 | 238 | 306 | 839 |
| Contents Policy | 53 | 53 | 68 | 75 | 92 | 103 | 144 | 419 |
| Combined Policy | 173 | 173 | 203 | 228 | 273 | 341 | 450 | 1,258 |
*Premiums are Net
The table below provides details of the 2024/25 inward reinsurance premiums for properties ceded to the Flood Re scheme:
| England | A | B | C | D | E | F | G | H |
| Scotland | A | B | C | D | E | F | G | H |
| Wales | A B | C | D | E | F | G | H | I |
| Northern Ireland | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 |
| Buildings Policy | 126 | 126 | 141 | 160 | 190 | 249 | 321 | 880 |
| Contents Policy | 55 | 55 | 71 | 78 | 96 | 108 | 151 | 439 |
| Combined Policy | 181 | 181 | 212 | 238 | 286 | 357 | 472 | 1,319 |
*Premiums are Net
Could my sheds or outbuildings be covered by Flood Re?
Yes. Outbuildings that are ‘enjoyed with’ the main residence can be covered by Flood Re as long as that main residence qualifies. The buildings must not be in a separate council tax band or attract business rates. Also, outbuildings may be covered if they were built after 2009.
I can’t get a quote from an insurer on your list, how can this happen?
The decision to use Flood Re scheme remains with the insurance provider. Please contact your insurer if you have more questions about this. We encourage everyone to shop around, making sure they find the right cover for their situation – an affordable and suitable policy.
How do I know if I need Flood Re cover?
Your insurer will tell you if your property needs a policy to cover high risks of flooding.
Which insurer should I choose?
We keep a list of all the insurers currently signed up to use the Flood Re scheme here. You may find our Guide to Buying Home Insurance helpful, too.
My property is leasehold, can Flood Re help me?
Leasehold properties may qualify for support from Flood Re as long as they:
- match our definition of a dwelling,
- are insured under the contracted obligations of the leaseholder
It’s unusual for short-term leaseholders to have this obligation. Usually, it’s handled by the owner of the freehold.
However, if the building can’t be covered, insurers can ask still us to cover the flood risk part of a Contents insurance policy or the Contents in a Combined policy, as long as the property qualifies.