Flood Re helps householders whose homes are at high risk of flooding. Flood Re is a re-insurance Scheme that makes flood cover more widely available and affordable as part of your home insurance.

We help households at the highest risk of flooding and provide information about taking action to reduce flood risk. Flood Re will run for 25 years, at which point insurers should be offering policies based on actual risk to property.

We recognise the benefits of bringing together diverse perspectives in order to enhance the quality of our decision making. This approach to diversity includes having a combination of different skills, experiences, backgrounds and personal characteristics on the Board and Executive Committee.

The Government’s been working with insurers since 2000 to help make flood risk insurance more affordable. In 2016, a previous solution was replaced with a longer-term plan. The previous solution was called the Flood Insurance Statement of Principles.

Today, we are working towards a future in which risk-reflective pricing helps to keep householders’ premiums down. Flood Re is due to run until 2039.

How Flood Re works

Every insurer that offers home insurance in the UK must pay into the Flood Re Scheme. This Levy raises £180m every year that 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 the flood risk element of your policy to us for a fixed price.

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

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

Use our Flood Re Tool on our website to see if your property might qualify for support. Then, shop around to find a policy that provides the right cover for your situation – there is no difference in the way you buy a policy or make a claim, Flood Re works behind the scenes.

The list below reflects some of the insurers who are currently involved in the Flood Re scheme. They all provide home insurance in the UK. It’s up to them to decide if they will offer you a policy and make use of Flood Re for it. Please contact your insurer directly if you have any questions about Flood Re.

Admiral, Ageas, AIG, Allianz, Avantia (HomeProtect), Aviva Home Insurance, AXA, Bank of Scotland, Barclays, British Gas, Chelsea Building Society, Cherish Insurance Brokers, Churchill, Clydesdale Bank

Covéa Insurance, Direct Line, esure, First Direct Home Insurance, Flood Assist, Halifax, Haven Insurance, Hiscox Home Insurance, HSBC Home Insurance, inet3, John Lewis Specialist Home Insurance – underwritten by Covéa Insurance, Leek United Building Society, Legal & General, Lloyd & Whyte, LV=, Lloyds Bank, Marks & Spencer Bank, More Than, Nationwide, Natwest – underwritten by UK Insurance Limited, NFU Mutual, Norwich & Peterborough Building Society, Nottingham Building Society, Oak Underwriting, Ocaso, Policy Expert, Privilege, RBS – underwritten by UK Insurance Limited, Sainsbury’s Bank, Santander Home Insurance – administered and underwritten by Aviva Insurance Limited, Sheilas’ Wheel, Swiftcover, The West Brom, Yorkshire Bank, Yorkshire Building Society

Are you at risk? What can you do?

You may know the area you live in well. Or you may be thinking about moving to a different location.

It is always good to understand the current flood risks in your area. It is even better if you can take action that will reduce the risks of damage to your home.

Visit our website to find out more information. Using the Flood Re Tool on our website, you can find out if your home qualifies for support. You will not need to give us personal details.

Website: www.floodre.co.uk/