12 UK councils at high flood risk have 7,116 new homes approved, raising concerns about future insurance affordability.
A report identifies 12 UK councils at high flood risk, affecting over 176,000 homes. Despite this, 7,116 new homes have received planning approval in these areas, raising concerns about future insurance affordability. Allianz revealed that in 2023, it paid over £20 million in flood claims, averaging £33,000 each, with the highest claim reaching nearly £450,000. Localis urges a review of planning regulations and stronger flood defense measures.
October 10, 2024
3 Articles