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Home Insurance - 6
If you live in a flood-risk area, you’ll have been paying around £33 (or 24%) more for your home insurance than the national average, MoneySuperMarket research shows.
And if you’ve made a claim for damage caused by flooding, you’ll have typically seen your premium jump by £372 a year.
But at last there is some good news for those affected by flooding.
Thanks to the introduction of Flood Re – a scheme set up by the government and the insurance industry – home insurance should now...
From: Md Mehedi Hasan