Insurance Companies Make it Difficult for Flood Victims to Get High and Dry
Slow Payouts and a Lack of Coverage Add Up to Big Trouble For Home Owners
Despite the fact that the majority of the United Kingdom has made it through the flood season, those affected by rising waters are finding it difficult, if not impossible, to get their lives back on track. Many home owners are not aware of the fact that their home insurance does not provide coverage for some flood related issues and this fact was learned all too late.
For those that did purchase additional coverage, the complaints range from slow payouts from their insurance companies, to a lack of customer service and more serious problems. The result is that thousands of people are still left without proper accommodations as the winter season begins. Unfortunately, there are few options for those left stranded by flooding and insurance company practices.
To date, more than 180,000 flood claims have been processed and more than 3 Billion pounds paid out to those hit by devastating flooding. Despite these efforts, many homeowners have been left in limbo, wondering if they will ever be able to rebuild their homes. Their plight serves as a warning to those to seek flood insurance, particularly if their homes are in a dangerous area that is prone to water damage.
In addition to flood insurance, consumers are also being urged to think about protecting their livelihoods with income insurance. This form of protection can be very beneficial, especially for small business owners, when a flood strikes. Although consumers donít like to think about worst case scenarios, this year has forced many to consider the consequences that a lack of proper insurance (or a lack of checking the small print) can bring. Thankfully, there are numerous different types of insurance coverage available to those that are seeking greater protection from natural disasters.
About the Company: No Claims Discount offers consumers the opportunity to get real pricing from real insurance companies, without all the hassles. Thousands of customers have been able to find the right insurance plan thanks to their efforts. By offering consumers real world information about insurance policies, the site provides a valuable, unique service that is unmatched.
- Contact Information
- Michael Beverley
- Press Contact
- No Claims Discount
- Contact via E-mail
This news content may be integrated into any legitimate news gathering and publishing effort. Linking is permitted.
News Release Distribution and Press Release Distribution Services Provided by WebWire.