Buying a New-Build? 115,000 Homes Could Be Built in Flood Zones and Insurers May Refuse to Cover Them

Buying a New-Build? 115,000 Homes Could Be Built in Flood Zones and Insurers May Refuse to Cover Them

Aviva chief Amanda Blanc warns 115,000 new homes built in England's flood zones could be difficult to insure, as the government disputes the figures.

Location, location, location: housing crisis can’t be solved on flood plains

The head of Britain’s biggest insurance firm has warned developers and local authorities about the land earmarked for new properties. Currently, around 6.3 million homes and businesses across England are at risk of flooding. However, Amanda Blanc, CEO of Aviva, has told the BBC’s Big Boss Interview that one-in-nine properties built between 2022 and 2024 are in medium-to-high risk flood zones, and the country is ‘for sure’ approving the construct…

Aviva boss warns more homes will be uninsurable due to flood risk

Aviva boss Amanda Blanc said England was "for sure" building homes that might be uninsurable at some point in the future.

Flood-risk homes may become uninsurable, warns Aviva

New homes being constructed in flood-risk areas across England could become uninsurable within decades, according to Amanda Blanc, chief executive of Aviva, Britain's largest insurer. Approximately 115,000 homes are projected to be built in flood zones over the next decade if current construction patterns continue.

Insurance Chief Warns UK Is Building Homes That Could Become Uninsurable Due to Flood Risk

A leading insurance industry executive has issued a stark warning that England is constructing new homes in areas that could face flood risks so severe that insuring them may become impossible in the future. The comment highlights growing concerns about how development planning is keeping pace with the escalating threat of flooding linked to climate […] The post Insurance Chief Warns UK Is Building Homes That Could Become Uninsurable Due to Floo…