Research City Insurance Homes and Flooding

It is essential to have both buildings and contents insurance to provide financial cover if you are flooded. If you are a tenant, your landlord should have buildings cover in place.
If you own your home and need both types of cover, consider buying both types from the same insurer as doing so will probably earn you a discount on the premium.
If you are flooded, contact your insurer as soon as possible if you want to make a claim as the company will be able to offer some advice - and might even have a dedicated helpline for flood victims. If possible, take photos of the flood damage and do not remove any items from the property before the insurer has assessed the claim.
Cap on flood premiums.
Flood insurance claims cost insurers billions of pounds, and this puts pressure on premiums. In some instance, insurers would rather not insure the most at-risk properties at all, but that would leave beleaguered homeowners stranded, in more ways than one, especially as it is virtually impossible to obtain or maintain a mortgage without having buildings cover in place.
With this in mind, insurers and the government have for some years worked to devise schemes that ensure at-risk homeowners can at least get cover for their homes, preferably at affordable premium levels.
When it comes to a properties' propensity to flood, there are four categories of risk: high, medium, low and very low. If your property is deemed high risk, there is a 1 in 30 chance of flooding in any given year. A very low risk home, on the other hand, has a less than 1 in 1000 chance.
If you find out that your property is medium or high risk, it's a good idea to sign up for free flood warnings, though you might also want to keep an eye on weather forecasts and news bulletins. The flood warnings link on the environmental agency's website should take you through the process.

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