Understanding Commercial Flood Insurance in the United Kingdom
Understanding Commercial Flood Insurance in the United Kingdom Flooding has become an increasingly significant risk for businesses across the United Kingdom as climate change intensifies weather extremes. From the catastrophic floods in Carlisle in 2005 to the more recent deluge in London in 2021, businesses in flood-prone areas have faced disruption, financial losses, and complex insurance claims. This article explores the intricacies of commercial flood insurance in the UK, highlighting regional variations, challenges, and solutions. Get a Quote Insurance under one roof We are specialists in many types of insurance The Growing Need for Commercial Flood Insurance Flooding is the most common natural disaster in the UK, with 5.2 million properties at risk, according to the Environment Agency. Commercial properties are particularly vulnerable due to their size, [...]