A comparison website is warning owners to check whether their insurance policies cover damage from extreme weather events such as the upcoming Storm Christoph.
Yellow and amber weather warnings have been issued by the Met Office for much of central and northern England for today and Thursday, during which an estimated two months worth of rain is scheduled to fall in 36 hours.
Large areas of already saturated land and melting snow will push up river levels and increase flood risks and in response The Environment Agency has issued more than 120 flood warnings.
Now Quotezone is warning that some policies may be invalidated if an investment property is damaged by flooding, but the landlord has not previously logged it as being a flood risk: not all policies have this expectation, but some do.
“If your house is located within 400 metres of a river, stream or coastline, you will need to have informed your insurance provider. Even if you’ve never experienced flooding yourself, your house could be classed as a ‘flood-risk property’” says the comparison site.
Many insurance providers do take anti-flood doors and other permanent flood defence features into account when calculating insurance premiums, provided they meet the appropriate industry standards, have been installed by an industry professional and have been appropriately maintained.
“With home insurance it’s always best to be honest with your provider, use the online flood map tool if you’re unsure of the exact distance to nearby rivers and double check your home for any potential issues especially in relation to the colder, wetter weather, such as added insulation for pipes” says Greg Wilson, founder of Quotezone.