The reason for the flood levy was that many householders in flood prone or potentially flood prone areas were being refused insurance by companies because of the flood risk.
In the negotiations with the government they agreed to insure these people on the condition that there should be a levy of 3% on all insurance premiums to fund it. I have a lot of sympathy with janeayressister. Our village flooded badly in 2007 and slightly in 2009. Not having flooded since 1947. We are just on the edge of the flood plain, by a few feet and just missed flooding, but it was horrendous for those who were.
The problem global warming, and changes in how the flood plains operate caused by building on the flood plain and away from it, make it very difficult to predict where will flood. Building on the flood plain started in the 19th century and a significant part of our housing stock is now in danger of flooding. Often these houses are the two up, two down Victorian cottages that are so many people's first buy.
We have to accept with climate change and a growing population many people will need to live in areas that are in danger of flooding and as a society protect the members of it living in these.
Someone made the comparison with the Motorist's Insurance bureau that works in a similar way. Our family has much to be thankful to this organisation. DD was severely injured in a road accident caused by the driver of an unknown car. She has been left with a disability and the compensation paid to her helps pay for equipment and other people to do those things she can no longer do for herself. I am very happy to have some of my insurance go to offer similar assistance by those devastated by floods.
M0nica Thu 16-Mar-17 14:07:28
MarioWaller Thu 16-Mar-17 07:11:57
janeayressister Sat 25-Feb-17 22:45:13
boheminan Sun 12-Feb-17 00:46:14
Chewbacca Sat 11-Feb-17 20:36:13
Norah Sat 11-Feb-17 20:35:14
Chewbacca Sat 11-Feb-17 19:22:46
Norah Sat 11-Feb-17 17:43:56
Ginny42 Fri 03-Feb-17 12:11:26
Ginny42 Fri 03-Feb-17 12:10:44
grumppa Thu 02-Feb-17 10:22:56
Izabella Thu 02-Feb-17 09:36:09
Anya Thu 02-Feb-17 08:32:43
Ginny42 Thu 02-Feb-17 08:09:16
ninathenana Thu 02-Feb-17 07:42:22
SueDonim Thu 02-Feb-17 00:02:32
Ana Wed 01-Feb-17 18:57:48
Ginny42 Wed 01-Feb-17 17:58:29