I would be grateful for some information here. My brother lives in East Riding. The area was rather badly affected by flooding of two years ago. Until last December all the family lived in a caravan outside their house. Finally, all the works have been done via insurance and the house looks as good as never before. But, no insurance company will now touch them with the barge pole! And half of the street where they live are in the same position! What obviously worries him that if smth does happen, they will not be able to afford the repairs. Has anyone had any similar experience? Are there any insurance companies that would consider such properties?

What about your brothers lender? I thought insurance was compulsory when you have a mortgage?

Financial advisors out there, please let us have your professional opinion on this one! Surely, there must be an insurance company who at a higher cost or higher excess payment, will insure such properties.

Hello,

As far as i am aware your current insurer has to insure you under the FSA regs if you cant find another insurer that will cover you, that is in relation to cover not the price, they can issue a high premium with a silly excess but they should offer terms.

Hope this helps if not post back & ill have another look