This scheme is a way to help people living at risk of flood
get access to affordable home insurance.
This scheme is a way to help people living at risk of flood
get access to affordable home insurance.
This scheme is a way to help people living at risk of flood
get access to affordable home insurance.
My Holiday Home Insurance is one of the UK’s leading providers of holiday home insurance with over 19 years’ experience and 50,000 leisure policyholders.
My Holiday Home Insurance is one of the UK’s leading providers of holiday home insurance with 19 years’ experience. We insure more than 50,000 policyholders and work exclusively in the leisure insurance sector.
If you own a Holiday Home in an area which is deemed to be a high flood risk, or you have been unlucky to have experienced a flood at your holiday home in the past, then you will probably have experienced problems getting insurance cover to include flood cover, or if you have, was it at a reasonable price?
To combat homeowners not being able to obtain flood cover, or at a reasonable price to help homeowners whose properties may be susceptible to be affected by floods, the insurance industry and the UK Government launched Flood Re, a ‘reinsurance scheme’, in April 2016.
This scheme is a way to help people living at risk of flood get access to affordable home insurance. My Holiday Home’s insurer Canopius, (one of the largest Lloyd’s Of London Underwriters) uses the scheme to offer affordable cover to holiday home customers whose properties are at risk of flooding. (Subject to meeting Flood Re’s requirements).
When it comes to choosing your Holiday Home Insurer, as long as their insurer has signed up to the scheme, nothing changes.
You buy your policy in exactly the same way and you’ll continue to be set a premium based on the details you give.
If you’re the owner of a holiday home and your property is in a location that may be at risk of flooding, then your holiday home insurance that covers you against flood damage may be passed to the Flood Re Scheme.
All of this will happen automatically, if you opt for this cover. You don’t need to do anything and we’ll confirm if this applies to you in your policy schedule.
This also means that if you previously had a flood excess on your holiday home insurance policy, we’ll be able to replace this with a standard policy excess. So you aren’t expected to cover any extra cost if your holiday home is damaged by flooding.
Although you are not required to do anything to access Flood Re, you can visit the Flood Re website to find out specific information on the scheme. www.floodre.co.uk
Why has Flood Re been set up?
Recent winters have shown that flood continues to be an issue for the UK. Flood Re has been set up to ensure that insurance against floods continues to be available and affordable to homeowners.
We have worked with many holiday home customers over the years to support them and restore their holiday homes after devastating effects of being flooded. Our insurers are supporting the Flood Re scheme to represent the park home owners we insure who are at risk of flooding.
How does it work?
All insurers pay a ‘levy’ into a central fund held by Flood Re.
In addition, insurers can choose to place (cede) the flood risk of your holiday home insurance policy with Flood Re. For these policies the premium element will be based on your holiday home’s Council Tax band and the flood excess will be just £250.
The levies and the flood premiums collected by Flood Re will then be used to pay for flood claims on policies sent to them by the insurers.
What does this mean to me?
This makes no difference to the way you buy your holiday home insurance and any claims will continue to be handled by our award-winning team as before.
If your home is included in the Flood Re scheme, we will contact you ahead of renewal date with details of your amended premium including the excess of £250 for flood.
Will this affect my premium?
Your premium could be affected if your property is identified by us as being at risk of flooding.
How have you identified my property at risk of flooding?
Our insurer invested in flood mapping software tools that enables them to look at properties on an individual basis and provide bespoke underwriting.
Do all holiday home insurance companies use the same data when interpreting which areas are likely to flood?
No, insurers do not all use the same data sources. The information that an insurer uses is commercially sensitive and you may find that insurers will differ in their approach.
How can I find out if my holiday home qualifies for Flood Re Cover?
It is possible that we can provide you flood cover without the need for Flood Re cover, however if you are having problems obtaining flood cover for your holiday home, or the costs appear to be excessive, answering the following questions may assist you in finding out, but the best way is contacting us.
Do all holiday home Insurers provide Flood Re cover?
Unfortunately not. Whilst all Holiday Home Insurance companies will provide flood cover, this is only on the risks they are will to accept, so if you live in a an area which has a high risk of flooding, and they do not provide Flood Re cover, then it is unlikely you will be able to obtain flood cover. My Holiday Home Insurance are one of the first providers of Flood Re cover within the Holiday Home sector.
Do I have to opt for Flood Re Cover?
No. If we are unable to provide you flood cover in the normal way, and you decide not to opt for the cover provided by Flood Re, or you do not qualify, we may well still be able to insure your holiday home, but excluding flood damage, although we would not advise you to do so.
We are absolutely delighted to have been recognised once again by Feefo, for the service we provide to our customers. Feefo collects genuine reviews from our customers about the service they have received and our outstanding customer service was recognised when we were awarded the 2023 Feefo Platinum Trusted Service Award.
https://www.myholidayhomeinsurance.co.uk/wp-content/uploads/2024/06/HH.png
200
400
My Holiday Home Insurance
/wp-content/uploads/2018/04/my-holiday-home-insurance-logo-1.png
My Holiday Home Insurance2024-09-01 09:00:002024-07-23 08:01:02Tips When Letting Your Holiday Home
https://www.myholidayhomeinsurance.co.uk/wp-content/uploads/2024/07/Copy-of-MHHI-UK-Broker-Awards-24-Shortlist-Post-400-x-200-px.png
200
400
My Holiday Home Insurance
/wp-content/uploads/2018/04/my-holiday-home-insurance-logo-1.png
My Holiday Home Insurance2024-07-23 08:08:052024-07-23 08:08:05Shortlisted For Three More Prestigious Insurance Awards
https://www.myholidayhomeinsurance.co.uk/wp-content/uploads/2024/06/lodge24.png
200
400
My Holiday Home Insurance
/wp-content/uploads/2018/04/my-holiday-home-insurance-logo-1.png
My Holiday Home Insurance2024-07-05 09:00:002024-06-06 07:48:03Things to Consider When Buying a Holiday Lodge
https://www.myholidayhomeinsurance.co.uk/wp-content/uploads/2024/07/BIAwards-24-WINNER-Blog-400-x-200-px.png
200
400
My Holiday Home Insurance
/wp-content/uploads/2018/04/my-holiday-home-insurance-logo-1.png
My Holiday Home Insurance2024-07-04 08:44:272024-07-09 11:50:19We’ve won The Customer Experience Award at the 2024 British Insurance Awards
https://www.myholidayhomeinsurance.co.uk/wp-content/uploads/2024/06/Holiday-Lodge-4.png
200
400
My Holiday Home Insurance
/wp-content/uploads/2018/04/my-holiday-home-insurance-logo-1.png
My Holiday Home Insurance2024-06-07 08:05:002024-06-06 07:39:5112 Maintenance Tips for your Holiday Lodge
https://www.myholidayhomeinsurance.co.uk/wp-content/uploads/2024/05/Static-Caravan-Insurance.png
200
400
My Holiday Home Insurance
/wp-content/uploads/2018/04/my-holiday-home-insurance-logo-1.png
My Holiday Home Insurance2024-05-10 09:00:002024-04-17 15:21:32Maintaining your Static Caravan
https://www.myholidayhomeinsurance.co.uk/wp-content/uploads/2024/04/De-winterise-your-holiday-lodge.png
200
400
My Holiday Home Insurance
/wp-content/uploads/2018/04/my-holiday-home-insurance-logo-1.png
My Holiday Home Insurance2024-04-19 09:00:002024-04-17 15:22:14De-winterise your Holiday Lodge
https://www.myholidayhomeinsurance.co.uk/wp-content/uploads/2024/03/Holiday-Lodge-Spring-Maintenance-Tips.png
200
400
My Holiday Home Insurance
/wp-content/uploads/2018/04/my-holiday-home-insurance-logo-1.png
My Holiday Home Insurance2024-03-29 09:00:002024-04-17 15:22:28Holiday Lodge – Legal Expenses Cover
https://www.myholidayhomeinsurance.co.uk/wp-content/uploads/2023/09/mhhi0609.png
200
400
My Holiday Home Insurance
/wp-content/uploads/2018/04/my-holiday-home-insurance-logo-1.png
My Holiday Home Insurance2024-02-16 09:00:002024-04-17 15:22:34Static Caravan Insurance – The Essentials
https://www.myholidayhomeinsurance.co.uk/wp-content/uploads/2024/01/Feefo-400-x-200.png
200
400
My Holiday Home Insurance
/wp-content/uploads/2018/04/my-holiday-home-insurance-logo-1.png
My Holiday Home Insurance2024-01-16 15:48:002024-01-18 13:51:532024 Feefo Platinum Trusted Service Award Winners
https://www.myholidayhomeinsurance.co.uk/wp-content/uploads/2023/08/2508.png
200
400
My Holiday Home Insurance
/wp-content/uploads/2018/04/my-holiday-home-insurance-logo-1.png
My Holiday Home Insurance2024-01-05 09:00:002024-04-17 15:22:47Can You Live In A Static Caravan All Year Round?
https://www.myholidayhomeinsurance.co.uk/wp-content/uploads/2023/12/Untitled-7.png
200
400
My Holiday Home Insurance
/wp-content/uploads/2018/04/my-holiday-home-insurance-logo-1.png
My Holiday Home Insurance2023-12-08 09:00:002024-01-16 11:32:30Benefits of Buying a Holiday Home
https://www.myholidayhomeinsurance.co.uk/wp-content/uploads/2024/07/BIAwards-24-WINNER-Blog-400-x-200-px.png
200
400
My Holiday Home Insurance
/wp-content/uploads/2018/04/my-holiday-home-insurance-logo-1.png
My Holiday Home Insurance2024-07-04 08:44:272024-07-09 11:50:19We’ve won The Customer Experience Award at the 2024 British Insurance Awards
https://www.myholidayhomeinsurance.co.uk/wp-content/uploads/2024/06/Holiday-Lodge-4.png
200
400
My Holiday Home Insurance
/wp-content/uploads/2018/04/my-holiday-home-insurance-logo-1.png
My Holiday Home Insurance2024-06-07 08:05:002024-06-06 07:39:5112 Maintenance Tips for your Holiday Lodge
https://www.myholidayhomeinsurance.co.uk/wp-content/uploads/2024/05/Static-Caravan-Insurance.png
200
400
My Holiday Home Insurance
/wp-content/uploads/2018/04/my-holiday-home-insurance-logo-1.png
My Holiday Home Insurance2024-05-10 09:00:002024-04-17 15:21:32Maintaining your Static Caravan