Insurance companies see houses and buildings situated in a flood zone as being high risk, and many either refuse to cover them altogether or charge an exorbitant rate. They may also rack up the excess level – that first part of the payment the client must pay, usually a couple of hundred pounds or more – to deter claims. Compare home insurance prices with those not in flood risk areas before purchasing, and remember that buildings insurance is something that will need to be paid annually.

Statistics and information provided by the Environmental Agency determines the risk of flooding in certain areas. The Environmental Agency has an online map colour coded to show the risk of flooding throughout the UK.

If moving into a flood risk area, it is always a good idea to put up some extra defences against any rising water; this can also have a positive effect on policy prices. Speak to the insurance companies to see what they recommend as best, and investigate whether the local council plan on improving defences.

Specialist insurers will always cover flood risk areas, but it is important to read the fine print, as what they cover may vary. Shop around, compare house insurance and building insurance cover and find the best deal you can.